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Henry Clay: The American System

155 Words1 Pages
The American System was a plan brought forth by Henry Clay, about economic development. The American system was brilliant plan that allowed federal funding for internal development. This plan created a protective tariff in order to protect American businesses but in turn created a high tariff on imported goods some American industries can strive. The American System helped the textile business, while British were bringing clothes over and selling them cheaper. The American system also wanted to create high land states, so that the revenues my help economic development. The American System also created higher land taxes to get more money for the government infrastructure, this included construction of canals and roads which would be financed
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