American System (economic Plan) - Annual Message of 1815 (Seven Points)

Annual Message of 1815 (Seven Points)

  • Funds for national defense
  • Frigates for the Navy
  • A standing army and federal control of the militia
  • Federal aid for building roads and canals
  • A protective tariff to encourage manufacturers
  • Re-establishing the National Bank
  • Federal assumption of some state debt

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