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American System : Introduction

American System : Introduction. In 1815, President James Madison presented a plan to Congress that would help unite the different regions of the United States. President Madison wanted to create a self-sufficient country that would maintain a stable economy, and develop a united country.

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American System : Introduction

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  1. American System: Introduction • In 1815, President James Madison presented a plan to Congress that would help unite the different regions of the United States. President Madison wanted to create a self-sufficient country that would maintain a stable economy, and develop a united country. Three major points of the American System: 1. Developing transportation systems 2. Establishing a protective tariff 3. Resurrecting the national bank

  2. American System: Definition • What is Henry Clay’s American System? House Speaker, Henry Clay coined the term “American System” in 1815, after President Madison created a plan to unite the Northern and Southern economies.

  3. North Gains • The north had just experienced an Industrial Revolution, and was producing manufactured goods. • New methods of transportation that brought goods to and from the manufacturing north. Roads, canals, improvements to ports • National Road from Cumberland My. to Vandalia Ill. • A new, national currency that enabled the north to trade with the south and west. A national bank to prevent furthur “Panics”

  4. Southern/Western Gains • Improved ability to move troops into the Southwest, which John C. Calhoun supported. • The south had extensive river system that enabled goods to travel from plantation to port. • Improved western roads did improve colonization, but the Appalachian Mountains prevented canals and later to a degree railroads. • Southern and Westerns had deep distrust of a national bank, as it would help only the rich, merchants

  5. Transportation Developments • 1807- Robert Fulton’s Clermont makes its maiden voyage, 150 miles from New York City to Albany. • 1811- Construction of the National Road begins between Cumberland, MD and Vandalia, Il. • 1825- Erie Canal opens a 363-mile waterway that connects the Hudson River to Lake Erie. • 1825- First steam locomotive was used to transport goods across different regions of the country. • 1838- National Road opens to the public, tolls are required to help offset construction costs.

  6. Protective Tariffs: Tariff of 1816 • 1816- President James Madison proposes a tariff that would tax all imported foreign goods. • The north encouraged the tariff because it would improve the their economy and increase total profits. • The south and west discouraged the tariff because they would have to pay more for the same products.

  7. National Bank • 1816- The Second Bank of the United States (BUS) was approved for a 20-year term by the Congress. • The bank charter would establish a national, guaranteed currency, that would improve national and regional trading of goods and services. • The national bank idea had been revived from the presidency of George Washington, and had the support of the North, but opposition from the south and western states

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