Henry Clay wanted to unite the country under a common system-- The American System. It was made of three parts: tariffs, a new national bank, and a system of roads and canals. This would protect, strengthen, and connect our country. The Tariffs include the Tariff of 1816-- this tariff was meant to protect american manufacturers by raising the price on British goods. This was much needed since Britain was trying to take over manufacturing again after the embargo acts. The tariffs helped the north east where manufacturing was more prominent. The strong banking system included a second American bank under President James Madison. It was modeled after the first bank of america-- based on regulating the amount of money in the economy and holding tax receipts. This built a stronger economy that was also much needed after the embargo acts and helped the country as a whole. All parts of the system faced opposition, however he roads and canals faced the most. Federalists disapproved and bills were being vetoed. Jackson vetoed the building of the Maysville road from being funded by federal money since it only benefited one state, Kentucky. This created many problems with the building of roads and canals, since it only benefited the west and south, so people believed none of the roads should be federally funded. The different parts of the American System and the opposition helped shape America's economy for what it is today.
THE EFFECTS OF THE AMERICAN SYSTEM
The American System brought the nation closer economically and politically. The idea of roads and canals helped us explore the west and think of ways to do so and led to a full fledge transportation revolution construction which drove the cost of moving people and goods down even further. It helped with our trading efficiency because rural farmers were connected to markets.