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The Whig Party's first significant action was to censure Jackson for the removal of the national bank deposits, thereby establishing opposition to Jackson's executive power as the organizing principle of the new party. [11] In doing so, the Whigs were able to shed the elitist image that had persistently hindered the National Republicans. [41]
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 party then merged into the new Whig Party. Others included abolitionist parties, workers' parties like the Workingmen's Party, the Locofocos (who opposed monopolies), and assorted nativist parties who denounced the Roman Catholic Church as a threat to republicanism. None of these parties were capable of mounting a broad enough appeal to ...
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 [150] The debate over the 1854 Kansas–Nebraska Act , which effectively repealed the Missouri Compromise by allowing slavery in territories north of the 36°30′ parallel ...
The party's social conservatism includes support for gun rights outlined in the Second Amendment, the death penalty, and other traditional values, often with a Christian foundation, including restrictions on abortion. [6] In foreign policy, Republicans usually favor increased military spending, strong national defense, and unilateral action.
Henry Clay was the party's nominee in the 1832 election, but was defeated by Jackson. The party supported Clay's American System of nationally financed internal improvements and a protective tariff. After the 1832 election, opponents of Jackson, including the National Republicans, Anti-Masons and others, coalesced into the Whig Party.
Senator Henry Clay, leader of the Whig Party and advocate for the American System. The "American System" was the name given by Henry Clay in a speech before Congress advocating an economic program [21] based on the economic philosophy derived from Alexander Hamilton's economic theories.