Search results
Results from the WOW.Com Content Network
The Whig Party was a mid-19th century political party in the United States. [14] Alongside the Democratic Party, it was one of two major parties between the late 1830s and the early 1850s and part of the Second Party System. [15]
The American System became the leading tenet of the Whig Party of Henry Clay and Daniel Webster. It was opposed by the Democratic Party of Andrew Jackson, Martin Van Buren, James K. Polk, Franklin Pierce, and James Buchanan prior to the Civil War, often on the grounds that the points of it were unconstitutional.
The Tariff of 1842, or Black Tariff as it became known, was a protectionist tariff schedule adopted in the United States.It reversed the effects of the Compromise Tariff of 1833, which contained a provision that successively lowered the tariff rates from their level under the Tariff of 1832 over a period of ten years until the majority of dutiable goods were to be taxed at 20%.
However, the strong economy still prevented the Whig economic program from regaining salience, and the party failed to develop an effective platform on which to campaign. [150] The debate over the 1854 Kansas–Nebraska Act , which effectively repealed the Missouri Compromise by allowing slavery in territories north of the 36°30′ parallel ...
In the 1850s, "Lincoln was a prosperous corporate lawyer, and a member of the conservative Whig party for many years." [53] He promoted business interests, especially banks, canals, railroads, and factories. [54] Before the outbreak of the Civil War, Lincoln explicitly appealed to conservatives.
Freedom from want could justify positive government action to meet economic needs, an idea more associated with the concepts of Abraham Lincoln's Republican Party, Henry Clay's Whig Party and Alexander Hamilton's economic principles of government intervention and subsidy than the more radical socialism and social democracy of European thinkers ...
Here is every type of economic system out there explained with cows: Posted by Mike Hosking From protests like the one above, all the way to teach world economy. Yes, you read it right.
Whig statesmen led the charge for tradition and custom against the prevailing democratic ethos of the Jacksonian Era. Standing for hierarchy and organic society, in many ways their concepts of the Union paralleled Benjamin Disraeli 's "One Nation Conservatism".