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Clay’s system was “American” in a triple sense. Obviously, it purported to promote the welfare of the nation as a whole. But it was also “American” in its assertion of national independence against the “British system” of unregulated free trade. The Kentuckian feared that a passive policy of economic laissez-faire would leave America in a neocolonial relationship to Britain, the economic giant of the day. Britain, Clay pointed out, protected her own domestic interests with tariffs like the “corn laws” while pressuring other countries to practice free trade.66 In a third sense, Clay also used ...more
What Hath God Wrought: The Transformation of America, 1815-1848
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