What part of the Report on Public Credit met fierce opposition and led to a compromise which placed the national capital on the Potomac? The United States issuing new bonds to pay off the old debts. The part of the plan that called for the United States to issue new bonds to pay off the old debts. Proposed protective tariffs and a plan for encouraging the growth of manufacturing by subsidizing certain industries. The National bank issuing a new national currency. The Southern states did not believe it was fair for them to have to help pay off debts owed by the Northern states.