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Henry Clay and the American system

Author: Maurice G Baxter
Publisher: Lexington, Ky. : University Press of Kentucky, ©1995.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:
This detailed study of Henry Clay and the American system - a program of vigorous economic nationalism dependent on active government intervention - reveals the important economic and constitutional aspects of what was perhaps Clay's greatest contribution to national policy, a contribution that has received surprisingly little study until now. During the first half of the nineteenth century the new United States  Read more...
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Additional Physical Format: Online version:
Baxter, Maurice G. (Maurice Glen), 1920-
Henry Clay and the American system.
Lexington, Ky. : University Press of Kentucky, c1995
(OCoLC)603859610
Named Person: Henry Clay; Henry (Politiker) Clay; Henry Clay
Document Type: Book
All Authors / Contributors: Maurice G Baxter
ISBN: 0813119197 9780813119199
OCLC Number: 31753901
Description: 261 p. : ill. ; 24 cm.
Responsibility: Maurice G. Baxter.

Abstract:

This detailed study of Henry Clay and the American system - a program of vigorous economic nationalism dependent on active government intervention - reveals the important economic and constitutional aspects of what was perhaps Clay's greatest contribution to national policy, a contribution that has received surprisingly little study until now. During the first half of the nineteenth century the new United States experienced rapid material growth, transforming a largely agrarian, premodern economy into a diversified, industrializing one. As Speaker of the House in the years following the War of 1812, and later as a founder of the Whig party, Clay argued strongly for the development of a home market for domestic goods so that Americans would not be dependent on foreign imports. This "American System" was originally little more than a protective tariff on foreign goods, but it soon came to encompass a collection of policies that included a national banking system and distribution of federal funds to improve transportation. Baxter reveals the inner workings of Clay's program and offers the first careful analysis of its successes and failures.

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