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Henry Clay’s American System. By Joel Rodgers, Dirk Glenn, Emma McWilliams, Mason Anderson. Proposal for Interdependence. Concentrated on Agriculture, Commerce, and Industry 3 Components Protective Tariff on imported goods A National Bank

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henry clay s american system

Henry Clay’s American System

By Joel Rodgers, Dirk Glenn, Emma McWilliams, Mason Anderson

proposal for interdependence
Proposal for Interdependence
  • Concentrated on Agriculture, Commerce, and Industry
  • 3 Components
    • Protective Tariff on imported goods
    • A National Bank
    • Government subsidies for roads, canals, and turnpikes
protective tariff
Protective Tariff
  • High Tax on imported goods
  • Insured that citizens would buy American goods
  • Protected the American industry
  • Provided revenue for transportation improvements
national bank
National Bank
  • Replaced Hamilton’s national bank
  • Established sound credit
  • Promoted a national currency
transportation
Transportation
  • Proposed that new roads, canals, turnpikes and steamboats be built
  • Would make transportation more efficient
    • More cost effective
    • Would take less time
    • Unified regions
significance nationalism
Significance/ Nationalism
  • Interdependence
    • South provided raw materials (cotton)
    • Land sales in the West funded transportation and provided food for New England
    • New England manufactured goods to sell back to the South and West
  • Faster modes of transportation:
    • Allowed people to get out of their region
    • Made them feel like part of a larger cause
    • Enabled products to get from one part of the country to the other quickly