The American System
A Proposal by Henry Clay
Main Economic Points
- Larger National Bank
- High Tariffs
- Use those tariffs to create main roads and canals
People who support my plan
- John C. Calhoun - Supports because of high tariffs, and the nationalist feel of the South financially supporting North.
- John Quincy Adams - Supports because he wants to modernize America's economy.
- Alexander Hamilton - Supports because of the revenue the US could receive following the American System.