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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. 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

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  1. Henry Clay’s American System By Joel Rodgers, Dirk Glenn, Emma McWilliams, Mason Anderson

  2. 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

  3. Protective Tariff • High Tax on imported goods • Insured that citizens would buy American goods • Protected the American industry • Provided revenue for transportation improvements

  4. National Bank • Replaced Hamilton’s national bank • Established sound credit • Promoted a national currency

  5. 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

  6. 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

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