Republican (constitutionalist) Speaker of the House Henry Clay proposes the anti-constitutional “American System”: continued reliance on the unlawful, central Bank of the United States; and high, protective tariffs (primarily paid by the southern States to fund internal improvements in the northern States.
[restored 12/24/2021]
Subsequent Events:
Authority:
Article I Section 6 [Clause 1]
ccc-2point0.com/constitution-for-the-united-states
References:
Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 88.
Current U.s. National Debt:
