henry clay’s american system by joel rodgers, dirk glenn, emma mcwilliams, mason anderson
TRANSCRIPT
Henry Clay’s American SystemBy 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▫Government subsidies for roads, canals,
and turnpikes
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
•Replaced Hamilton’s national bank•Established sound credit•Promoted a national currency
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• 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