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American System (economic Plan)
The American System was an economic plan that played an important role in American policy during the first half of the 19th century, rooted in the " American School" ideas and of the Hamiltonian economic program of Alexander Hamilton.Classic Senate Speeches: Henry Clay ''In Defense of the American System''
at the U.S. Senate website
A plan to strengthen and unify the nation, the American System was advanced by the Whig Party and a number of leading politicians including and ...
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Henry Clay - Project Gutenberg EText 16960
Henry may refer to: People and fictional characters * Henry (given name), including lists of people and fictional characters * Henry (surname) * Henry, a stage name of François-Louis Henry (1786–1855), French baritone Arts and entertainment * Henry (2011 film), ''Henry'' (2011 film), a Canadian short film * Henry (2015 film), ''Henry'' (2015 film), a virtual reality film * ''Henry: Portrait of a Serial Killer'', a 1986 American crime film * Henry (comics), ''Henry'' (comics), an American comic strip created in 1932 by Carl Anderson * "Henry", a song by New Riders of the Purple Sage Places Antarctica * Henry Bay, Wilkes Land Australia *Henry River (New South Wales) *Henry River (Western Australia) Canada * Henry Lake (Vancouver Island), British Columbia * Henry Lake (Halifax County), Nova Scotia * Henry Lake (District of Chester), Nova Scotia New Zealand * Lake Henry (New Zealand) * Henry River (New Zealand) United States * Henry, Illinois * Henry, Indiana * Henry, Nebras ...
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United States Congress
The United States Congress is the legislature, legislative branch of the federal government of the United States. It is a Bicameralism, bicameral legislature, including a Lower house, lower body, the United States House of Representatives, U.S. House of Representatives, and an Upper house, upper body, the United States Senate, U.S. Senate. They both meet in the United States Capitol in Washington, D.C. Members of Congress are chosen through direct election, though vacancies in the Senate may be filled by a Governor (United States), governor's appointment. Congress has a total of 535 voting members, a figure which includes 100 United States senators, senators and 435 List of current members of the United States House of Representatives, representatives; the House of Representatives has 6 additional Non-voting members of the United States House of Representatives, non-voting members. The vice president of the United States, as President of the Senate, has a vote in the Senate ...
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Martin Van Buren
Martin Van Buren ( ; ; December 5, 1782 – July 24, 1862) was the eighth president of the United States, serving from 1837 to 1841. A primary founder of the Democratic Party (United States), Democratic Party, he served as Attorney General of New York, New York's attorney general and United States Senator, U.S. senator, then briefly as the ninth governor of New York before joining Andrew Jackson's administration as the tenth United States secretary of state, minister to the United Kingdom of Great Britain and Ireland, United Kingdom, and ultimately the eighth vice president of the United States, vice president from 1833 to 1837, after being elected on Jackson's ticket in 1832 United States presidential election, 1832. Van Buren won the presidency in 1836 United States presidential election, 1836 against divided Whig opponents. He lost re-election in 1840 United States presidential election, 1840, and failed to win the Democratic nomination in 1844 United States presidential el ...
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History Of The Democratic Party (United States)
The Democratic Party (United States), Democratic Party is one of the two major political parties of the United States political system and the oldest active Political parties in the United States, political party in the country. Founded in 1828, the Democratic Party is the oldest active voter-based political party in the world. The party has changed significantly during its nearly two centuries of existence. Once known as the party of the "common man", the early Democratic Party stood for individual rights and state sovereignty, and opposed banks and high tariffs. In the first decades of its existence, from 1832 to the mid-1850s (known as the Second Party System), under Presidents Andrew Jackson, Martin Van Buren, and James K. Polk, the Democrats usually defeated the opposition Whig Party (United States), Whig Party by narrow margins. Before the American Civil War, the party generally supported slavery or insisted it be left to the states. After the war until the 1940s, the part ...
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Daniel Webster
Daniel Webster (January 18, 1782 – October 24, 1852) was an American lawyer and statesman who represented New Hampshire and Massachusetts in the U.S. Congress and served as the 14th and 19th United States Secretary of State, U.S. secretary of state under presidents William Henry Harrison, John Tyler, and Millard Fillmore. Webster was one of the most prominent American lawyers of the 19th century, arguing over 200 cases before the United States Supreme Court in his career. During his life, Webster had been a member of the Federalist Party, the National Republican Party, and the Whig Party (United States), Whig Party. He was among the three members of the Great Triumvirate along with Henry Clay and John C. Calhoun. Born in Salisbury, New Hampshire, in 1782, Webster established a successful legal practice in Portsmouth, New Hampshire, after graduating from Dartmouth College and serving a legal apprenticeship. A prominent opponent of the War of 1812, he won election to the United ...
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Infrastructure
Infrastructure is the set of facilities and systems that serve a country, city, or other area, and encompasses the services and facilities necessary for its economy, households and firms to function. Infrastructure is composed of public and private physical structures such as roads, railways, bridges, airports, public transit systems, tunnels, water supply, sewers, electrical grids, and telecommunications (including Internet connectivity and broadband access). In general, infrastructure has been defined as "the physical components of interrelated systems providing commodities and services essential to enable, sustain, or enhance societal living conditions" and maintain the surrounding environment. Especially in light of the massive societal transformations needed to mitigate and adapt to climate change, contemporary infrastructure conversations frequently focus on sustainable development and green infrastructure. Acknowledging this importance, the international co ...
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Sovereign Credit
Sovereign credit is the credit of a sovereign country backed by the financial resources of that state. Sovereign credit is the opposite of sovereign debt. Fiat money is sovereign credit and sovereign bonds are sovereign debts. When money buys bonds, sovereign credit cancels sovereign debt. See also * Sovereignty * Debt * Government debt A country's gross government debt (also called public debt or sovereign debt) is the financial liabilities of the government sector. Changes in government debt over time reflect primarily borrowing due to past government deficits. A deficit occu ... References External linksLiberating Sovereign Credit for Domestic Development Public finance Monetary reform {{econ-policy-stub ...
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Central Bank
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the monetary policy of a country or monetary union. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Many central banks also have supervisory or regulatory powers to ensure the stability of commercial banks in their jurisdiction, to prevent bank runs, and, in some cases, to enforce policies on financial consumer protection, and against bank fraud, money laundering, or terrorism financing. Central banks play a crucial role in macroeconomic forecasting, which is essential for guiding monetary policy decisions, especially during times of economic turbulence. Central banks in most developed nations are usually set up to be institutionally independent from political interference, even though governments typically have governance rights over them, legislative bodies exercise scrutiny, and central banks frequently do show resp ...
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Dallas Tariff
The Tariff of 1816, also known as the Dallas Tariff, is notable as the first tariff passed by Congress with an explicit function of protecting U.S. manufactured items from overseas competition. Prior to the War of 1812, tariffs had primarily served to raise revenues to operate the national government. Another unique aspect of the tariff was the strong support it received from Southern states. The bill was conceived as part of a solution to the purely domestic matter of avoiding a projected federal deficit reported by Secretary of the Treasury Alexander J. Dallas. International developments added key facts to the debate; in 1816 there was widespread concern among Americans that war with the United Kingdom might be rekindled over economic and territorial issues. A tariff on manufactured goods, including war industry products, was deemed essential in the interests of national defense. The tariff was approved on April 27, 1816, as a temporary measure, authorized for only three yea ...
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Maysville Road Veto
The Maysville Road veto occurred on May 27, 1830, when United States President Andrew Jackson vetoed a bill that would allow the federal government to purchase stock in the Maysville, Washington, Paris, and Lexington Turnpike Road Company, which had been organized to construct a road linking Lexington, Kentucky, to Maysville on the Ohio River (Maysville being located approximately 66 miles/106 km northeast of Lexington), the entirety of which would be in the state of Kentucky. Its advocates regarded it as a part of the national Cumberland Road system. Congress passed a bill in 1830 providing federal funds to complete the project. Jackson vetoed the bill on the grounds that federal funding of intrastate projects of this nature was unconstitutional. He declared that such bills violated the principle that the federal government should not be involved in local economic affairs. Jackson also pointed out that funding for these kinds of projects interfered with paying off the nation ...
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Andrew Jackson
Andrew Jackson (March 15, 1767 – June 8, 1845) was the seventh president of the United States from 1829 to 1837. Before Presidency of Andrew Jackson, his presidency, he rose to fame as a general in the U.S. Army and served in both houses of the U.S. Congress. Jacksonian democracy, His political philosophy became the basis for the History of the Democratic Party (United States), Democratic Party. Jackson's legacy is controversial: he has been praised as an advocate for working Americans and Nullification crisis, preserving the union of states, and criticized for his racist policies, particularly towards Native Americans in the United States, Native Americans. Jackson was born in the colonial Carolinas before the American Revolutionary War. He became a American frontier, frontier lawyer and married Rachel Donelson Jackson, Rachel Donelson Robards. He briefly served in the U.S. House of Representatives and the U.S. Senate, representing Tennessee. After resigning, he served a ...
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