American System (economic plan) in the context of "Tar"

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⭐ Core Definition: American System (economic plan)

The American System was an economic plan that played an important role in American policy during the first half of the 19th century, rooted in the "American School" ideas and of the Hamiltonian economic program of Alexander Hamilton.

A plan to strengthen and unify the nation, the American System was advanced by the Whig Party and a number of leading politicians including Henry Clay and John Quincy Adams. Clay was the first to refer to it as the "American System". Motivated by a growing American economy bolstered with major exports such as cotton, tobacco, native sod, and tar, the politicians sought to create a structure for expanding trade. This System included such policies as:

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American System (economic plan) in the context of Whig Party (United States)

The Whig Party was a mid-19th century political party in the United States. Alongside the Democratic Party, it was one of two major parties from the late 1830s until the early 1850s and part of the Second Party System. As well as four Whig presidents (William Henry Harrison, John Tyler, Zachary Taylor, and Millard Fillmore), other prominent members included Henry Clay, Daniel Webster, Rufus Choate, William Seward, John J. Crittenden, and John Quincy Adams (whose presidency ended prior to the formation of the Whig Party). The Whig base of support was amongst entrepreneurs, professionals, Protestant Christians (particularly Evangelicals), the urban middle class, and nativists.

The party was hostile towards the ideology of "manifest destiny", territorial expansion into Texas and the Southwest, and the Mexican–American War. It disliked presidential power, as exhibited by Andrew Jackson and James K. Polk, and preferred congressional dominance in lawmaking. Members advocated modernization, meritocracy, the rule of law, protections against majority rule, and vigilance against executive tyranny. They favored an economic program known as the American System, which called for a protective tariff, federal subsidies for the construction of infrastructure, and support for a national bank. The party was active in both the Northern and Southern United States and did not take a firm stance on slavery, but Northern Whigs tended to be less supportive than their Democratic counterparts.

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American System (economic plan) in the context of Thurlow Weed

Edward Thurlow Weed (November 15, 1797 – November 22, 1882) was an American printer, newspaper publisher, and Whig and Republican politician. He was the principal political advisor to prominent New York politician William H. Seward and was instrumental in the presidential nominations of William Henry Harrison (1840), Zachary Taylor (1848), and John C. Frémont (1856).

Born in Cairo, New York, Weed apprenticed as a printer under William Williams and served with him in the War of 1812 before winning election to the New York State Assembly. He met Seward in the assembly, and they formed a close political alliance that lasted for several decades. Weed and Seward became leaders of the New York Anti-Masonic Party, and Weed established the Albany Evening Journal as the party's main newspaper. Weed supported the American System of Henry Clay and helped establish the Whig Party in the 1830s. He helped Seward win election as Governor of New York and supported the successful presidential candidacies of Harrison and Taylor.

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American System (economic plan) in the context of Henry Clay

Henry Clay (April 12, 1777 – June 29, 1852) was an American lawyer and statesman who represented Kentucky in both the U.S. Senate and House of Representatives. He was the seventh House speaker as well as the ninth secretary of state. Clay unsuccessfully ran for president in the 1824, 1832, and 1844 elections. He helped found both the National Republican Party and the Whig Party. For his role in defusing sectional crises, he earned the appellation of the "Great Compromiser" and was part of the "Great Triumvirate" of Congressmen, alongside fellow Whig Daniel Webster and Democrat John C. Calhoun.

Clay was born in Hanover County, Virginia, in 1777, and began his legal career in Lexington, Kentucky, in 1797. As a member of the Democratic-Republican Party, he won election to the Kentucky state legislature in 1803 and to the U.S. House of Representatives in 1810. Clay was chosen as Speaker of the House in early 1811 and, along with President James Madison, led the United States into the War of 1812 against Great Britain. In 1814, he helped negotiate the Treaty of Ghent, which brought an end to the War of 1812, and then after the war, Clay returned to his position as Speaker of the House and developed the American System, which called for federal infrastructure investments, support for the national bank, and high protective tariff rates. During 1820, Clay helped bring an end to a sectional crisis over slavery for many years by leading the passage of the Missouri Compromise. He finished with the fourth-most electoral votes in the multi-candidate 1824–1825 presidential election and used his position as speaker to help John Quincy Adams win the contingent election held to select the president. President Adams then appointed him to the prestigious position of Secretary of State. As a result, critics alleged that the two had agreed to a "corrupt bargain".

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American System (economic plan) in the context of Democratic-Republican Party (United States)

The Democratic-Republican Party, known at the time as the Republican Party (also referred to by historians as the Jeffersonian Republican Party), was an American political party founded by Thomas Jefferson and James Madison in the early 1790s. It championed liberalism, republicanism, individual liberty, equal rights, separation of church and state, freedom of religion, anti-clericalism, emancipation of religious minorities, decentralization, free markets, free trade, and agrarianism. In foreign policy, it was hostile to Great Britain and in sympathy with the French Revolution and Napoleonic Wars. The party became increasingly dominant after the 1800 elections as the opposing Federalist Party collapsed.

Increasing dominance over American politics led to increasing factional splits within the party. Old Republicans, led by John Taylor of Caroline and John Randolph of Roanoke, believed that the administrations of Jefferson, Madison, and Monroe—and the Congresses led by Henry Clay—had in some ways betrayed the republican "Principles of '98" by expanding the size and scope of the national government. The Republicans splintered during the 1824 presidential election. Those calling for a return to the older founding principles of the party were often referred to as "Democratic Republicans" (later Democrats) while those embracing the newer nationalist principles of "The American System" were often referred to as National Republicans (later Whigs).

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