1. Hamilton's critics claimed that his scheme would provide enormous profits to speculators who had bought bonds from Revolutionary War veterans for as little as 10 or 15 cents on the dollar. For six months, a bitter debate raged in Congress, until James Madison and Thomas Jefferson engineered a compromise.
2. Southerners opposed this plan because many of the Southern states had already paid off their war debts.
Answer: William Jennings Bryan
Explanation:
William Jennings Bryan was a Nebraska politician who was nominated by his party, the Democratic party, to be their Presidential nominee in 1896 after he gave a rousing speech which today is known as the Cross of Gold speech in support of the bimetal/silver standard.
The standard called for the use of both gold and silver to back the American dollar as opposed to using just gold and was strongly supported by the lower and some middle class. The standard however would have brought high inflation as well as making it harder for the US to trade with other countries.
William Jennings lost the election and the US continued with the gold standard.
Answer:
Depends on the situation you are in.
