With the election of the first Whig presidential administration in the party's history, Clay and his allies prepared to pass ambitious domestic policies such as the restoration of the national bank, the distribution of federal land sales revenue to the states, a national bankruptcy law, and increased tariff rates.Holt (1999), p. 126. Harrison died just one month into his term, thereby elevating Vice President Tyler to the presidency.Holt (1999), pp. 127–128. Tyler had never accepted much of the Whig economic program and he soon clashed with Clay and other congressional Whigs. In August 1841, Tyler vetoed Clay's national bank bill, holding that the bill was unconstitutional.May, pp. 68–71.
