Henry Clay: The Nationalistic Jeffersonian Economic Agenda

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Henry Clay led the nationalistic Jeffersonian economic agenda. This agenda was known as the American System (Holt, 1999). It included high protective tariffs to nourish American manufacturing, create a home market for American agricultural products, a national bank to provide a currency and federal subsidization of internal improvement projects to ease the movement of goods (Holt, 1999). These nationalistic Jeffersons would eventually push through Congress and the current President at the time (President Madison) would sign laws that affected two parts of their program. The Federalist Party diminished after 1815 and many former Federalists embraced the Republican Party. They also strengthened the nationalist wing of the Republican Party, which
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