Recognizing in his sons his own fascination with risk, Clay sought to channel their gambling spirit into acceptable outlets. With the aid of strong daughters-in-law he involved his sons in “meaningful” work through a family conglomerate called here the Clay Corporation. It proved to be a local American System, a “multi-faceted” economic system based largely in agriculture and the southern market. Partnering in a complex web of ownership, the Clays contributed greatly to the thoroughbred horse industry, but also produced mules, purebred cattle, and hemp, and invested in manufacturing, banking, and transportation. The financial success allowed Henry Clay to encourage the political ambitions of son Henry Jr. and secure for son James a diplomatic post, thus assuring a second generation of service.
Kentucky Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.
If you think you should have access to this title, please contact your librarian.