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I believe the answer would be the second choice.
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:
The Declaration of Independence was issued “by authority of the good people of these colonies.” It was a revolution, you know.
The Pilgrims did not cite any specific authority for the Mayflower Compact. However, they declared themselves to be loyal subjects of the king of Great Britain. The Compact was based on their experience in organizing dissenting churches in England and, I suppose, in the Netherlands, where they had sought shelter from persecution. In some ways it was in keeping with the English common law, which dealt with problems and controversies as they arose, rather than waiting for the government to settle them. But in some ways it was a revolutionary, democratic statement, asserting the colonists’ right to make their own laws.
