Henry Clay And The American System

This detailed study of Henry Clay and the American System—a program of vigorous economic nationalism dependent on active government and constitutional aspects of what was perhaps Clay's greatest contribution to national policy, a contribution that has received surprisingly little study until now. During the first half of the nineteenth century the new United States experienced rapid material growth, transforming a largely agrarian, pre-modern economy into a diversified, industrializing one. As Speaker of the House in the years following the War of 1812, and later as founder of the Whig party, Clay argued strongly for the development of a home market for domestic goods so that Americans would not be dependent on foreign imports. This "American System" was originally little more than a protective tariff on foreign goods, but it soon came to encompass a collection of policies that included a national banking system and distribution of federal funds to improve transportation. Baxter reveals the inner workings of Clay's program and offers the first careful analysis of its successes and failures. This lively and incisive account will appeal to anyone interested in American history and the processes that shaped modern America

Though he was best known as a politician, Henry Clay (1777-1852) maintained an active legal practice for more than fifty years. He was a leading contributor both to the early development of the U.S. legal system and to the interaction between law and politics in pre-Civil War America. During the years of Clay's practice, modern American law was taking shape, building on the English experience but working out the new rules and precedents that a changing and growing society required. Clay specialized in property law, a natural choice at a time of entangled land claims, ill-defined boundaries, and inadequate state and federal procedures. He argued many precedent-setting cases, some of them before the U.S. Supreme Court. Maurice Baxter contends that Clay's extensive legal work in this area greatly influenced his political stances on various land policy issues. During Clay's lifetime, property law also included questions pertaining to slavery. With Daniel Webster, he handled a very significant constitutional case concerning the interstate slave trade. Baxter provides an overview of the federal and state court systems of Clay's time. After addressing Clay's early legal career, he focuses on Clay's interest in banking issues, land-related economic matters, and the slave trade. The portrait of Clay that emerges from this inquiry shows a skilled lawyer who was deeply involved with the central legal and economic issues of his day.

He was the Great Compromiser, a canny and colorful legislator whose life mirrors the story of America from its founding until the eve of the Civil War. Speaker of the House, senator, secretary of state, five-time presidential candidate, and idol to the young Abraham Lincoln, Henry Clay is captured in full at last in this rich and sweeping biography. David S. Heidler and Jeanne T. Heidler present Clay in his early years as a precocious, witty, and optimistic Virginia farm boy who at the age of twenty transformed himself into an attorney. The authors reveal Clay’s tumultuous career in Washington, including his participation in the deadlocked election of 1824 that haunted him for the rest of his career, and shine new light on Clay’s marriage to plain, wealthy Lucretia Hart, a union that lasted fifty-three years and produced eleven children. Featuring an inimitable supporting cast including Thomas Jefferson, James Madison, and Abraham Lincoln, Henry Clay is beautifully written and replete with fresh anecdotes and insights. Horse trader and risk taker, arm twister and joke teller, Henry Clay was the consummate politician who gave ground, made deals, and changed the lives of millions.

Excerpt from Speech of Henry Clay: In Defence of the American System, Against the British Colonial System, With an Appendix of Documents Referred to in the Speech Brown sugar, during ten years, from 1792 to 1802, with a duty of one and a-half cents per pound, averaged fourteen cents per pound. The same arti cle, during ten years, from 1820 to 1830, with a duty of three cents, has aver aged only eight cents per ouad. Nails, with a duty of five cents per pound, are selling at six cents. Indow glass, eight b ten, prior to the tariff of 1824, sold at twelve or thirteen dollars per hundred ect; it now sells for three dol lars seventy-five cents. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.