The American System Part 1: Alexander Hamilton’s Plan

From the nation’s earliest days, Congress has struggled with the fundamental issue of the Federal government’s proper role in fostering economic development.

One early government attempt at this was a plan called the American System.

The United States Senate website says this about the American System:

“Henry Clay’s ‘American System,’ devised in the burst of nationalism that followed the War of 1812, remains one of the most historically significant examples of a government-sponsored program to harmonize and balance the nation’s agriculture, commerce, and industry.”

http://www.senate.gov/artandhistory/history/common/generic/Speeches_ClayAmericanSystem.htm

Historical Topics Covered:

Alexander Hamilton
First Report on Public Credit 1790
Second Report on Public Credit and the Report on a National Bank 1790
Report on the Establishment of a Mint 1791
Report on the Subject of Manufacturers 1791
Mercantilism & Anti-Mercantilism
Government Granted Bounties
Import Duties (Tariffs)
Establishment of a National Bank

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