When the US economy was still new, there was a fierce debate over how to develop and grow it. Some people wanted a more industrial America, while others like Andrew Jackson stood behind farming and agriculture as the backbone of the new country.
Andrew Jackson was convinced that corporations and banks would harm political rights and influence of the common man. As a result of this, he also strongly opposed paper money, because he had lost a lot of money due to paper notes devaluing.
At the time, paper money was issued by banks, and not the federal government. Because of this, bills could lose their value if the banks that issued them went under.
After that, Jackson held the belief that paper money was inherently evil and that banks had too much unregulated power. In his mind, only gold and silver would be used for money. Pretty ironic, given that he’s the face of what is probably the most used Dollar bill.