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negotiated the [[Treaty of Ghent]], signed [[Christmas eve]] 1814. His shrewd surmise that the British would accept moderate terms despite their land victories, served the United States better than did [[John Quincy Adams]]' readiness to give the British free navigation of the Mississippi River in exchange for the right of New Englanders to fish in Canadian waters.
 
negotiated the [[Treaty of Ghent]], signed [[Christmas eve]] 1814. His shrewd surmise that the British would accept moderate terms despite their land victories, served the United States better than did [[John Quincy Adams]]' readiness to give the British free navigation of the Mississippi River in exchange for the right of New Englanders to fish in Canadian waters.
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===American System===
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===[[American System]]===
 
Clay resumed the speakership of the House of Representatives
 
Clay resumed the speakership of the House of Representatives
 
and, looking toward the presidency, began to develop his famous
 
and, looking toward the presidency, began to develop his famous
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