Protectionism (1)
The Real Henry Clay: The Corrupt American Architect of Mercantilism and Protectionism
Submitted by Cato the Younger on Wed, 2006-11-22 17:11
Today in history marks the two hundred and twenty-ninth anniversary of Henry Clay’s birthday. Clay was born in Hanover County, Virginia on April 12, 1777. Clay was a founder and key leader of the Whigs and the National Republican Party in the United States, though he got his start in politics as a Democrat. Clay was admitted to the bar in 1797 and commenced practice in Lexington, Kentucky. He rose to become a prominent U.S. Senator for Kentucky by the 1830s, and he gained considerable prestige in the eyes of many historians for his role in the Missouri Compromise of 1820 as a Congressman. According to Carl Schurz, a German émigré, professed national revolutionist, and a Union general, Clay was said to be a political success because:

