The American System Part 2: Opposition to 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:

National War Debt
Alexander Hamilton’s Economic System
(Bounties, Protective Tariffs, National Bank)
General Welfare Clause
Subsidies to Cod Fishing Industry
Tariff Bill of 1792
National Bank Bill 1791
Necessary and Proper Clause

View Study Questions & Further Resources.

 

0 Comments

You can be the first one to leave a comment.

Leave a Comment