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Henry Clay
Nationalist Henry Clay retained his power in the postwar Congress, and headed the drive for a neo-federalist program of protective tariffs, international improvements, and a national bank. He called his program the American System, arguing that it would foster notional economic growth and a salutary interdependence between geographical sections, thus a happy and healthy republic. Some of the opponents were as follows: With no discussions Congress chartered the Bank of the United States as the sole banking institution empowered to do business throughout the country. Notes issued by the Bank would
Approximate Word count = 404
Approximate Pages = 2 (250 words per page double spaced)
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