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Coxey, Jacob Sechler

Gale Encyclopedia of U.S. Economic History | 1999 | Copyright 1999 Gale, Cengage Learning. All rights reserved. (Hide copyright information) Copyright

COXEY, JACOB SECHLER


Jacob Sechler Coxey (18541951) was a successful manufacturer and unusual reform leader. An advocate of pure paper currency and a champion for the unemployed, he was perhaps best known for organizing "Coxey's Army" of unemployed men to march on Washington, DC, in the first public protest of its kind.

Jacob Coxey was born on April 16, 1854 in Selinsgrove, Pennsylvania, the son of Thomas and Mary Sechler Coxey. His father worked as a sawmill engineer. When Jacob Coxey was six years old, the Coxey family moved to Danville, Pennsylvania, where the boy went to school. Coxey quit school at age fifteen to work in an iron mill as a stationary engineer. In 1878, at the age of 24, he started his own business as a scrap iron dealer. He moved to Massillon, Ohio, in 1881 and opened a sandstone quarrying factory. This business supported Coxey and his family, while the proceeds allowed him to pursue a second career in politics.

In 1877 Coxey joined the Greenback Party, which supported the idea of switching to a pure paper (green back) currency as opposed to one based on gold or silver. Coxey was a firm supporter of monetary reform, declaring that "the government should not only coin money but issue it and get it direct to the people without the intervention of banks." In 1885 Coxey ran unsuccessfully as a Greenback candidate for the Ohio State Senate.

Coxey's politics combined many of the ideas that were being pursued separately by the Greenbacks, Populists, and labor groups. Coxey believed that the combination of these ideas would restore the country to prosperity. He specifically supported a more plentiful currency, public works projects in cities, better transportation in rural areas, and jobs for the unemployed.

Following the financial panic of 1893 Coxey called for government investment in public works projects such as road-building. He particularly wanted Congress to adopt two bills. The first was the Good Roads Bill, which would require the government to issue $500 million of legal tender currency to improve county roads. The second was the Non-Interest-Bearing Bond Bill, which allowed any government body to obtain funds for public works through the issuance of bonds without interest. In addition, both bills required the government to employ any unemployed man who applied for a position, at a minimum wage of $1.50 per day, to work on these projects.

Coxey's ideals affected him personally when he was forced to lay off 40 laborers from his company. He then decided to become an advocate for the unemployed. Coxey joined forces with Carl Browne, a former radical politician and cartoonist from California. While Coxey was said to be soft-spoken and quiet, Browne was a flamboyant and eccentric character who dressed like Buffalo Bill. Together the two reformers organized a group of unemployed men to march across Ohio, Pennsylvania, and Maryland, to the capitol in Washington, DC, in an attempt to bring attention to their plight. "Coxey's Army" consisted of about 100 men when they left Ohio on Easter Sunday, March 25, 1894. When they arrived in Washington, DC, on May 1 that same year there were approximately 500 men. Coxey was not granted an audience with President Grover Cleveland (18851889, 18931897) but instead was arrested. Though Coxey did not succeed in his mission, he did introduce a new form of public protestthe march.

Despite this disappointment, Coxey continued to fight for his causes. In 1894 he ran unsuccessfully for Congress on the Populist ticket. Three years later he ran for governor of Ohio and was again defeated. In 1914 Coxey led another march on Washington, DC and this time he was allowed to speak to an audience from the Capitol steps. In 1922 he was given the opportunity to speak to President Warren Harding (19211923) and he argued for the abolition of the Federal Reserve System, which he believed to be a tool of the banking interests that he opposed.

Coxey continued to pursue political office in the early 1900s, running unsuccessfully for Congress, Senate, and President. He finally won a position as mayor of Massillon, Ohio in 1931, but lost his reelection bid in 1934. On the 50th anniversary of his first march on Washington, DC, May Day 1944, the 90-year-old Coxey was again given the opportunity to address a crowd from Capitol Hill. He died on May 18, 1951 in Massillon.

See also: Federal Reserve System, Gold Standard, Greenback Party, Greenbacks, Unemployment


FURTHER READING

Gustaitis, Joseph. "Coxey's Army." American History Illustrated, 29, March/April 1994.

Howson, Embrey Bernard. Jacob Sechler Coxey: A Biography of a Monetary Reformer. New York: Arno Press, 1982.

Schwantes, Carlos A. Coxey's Army: An American Odyssey. Lincoln: University of Nebraska Press, 1985.

Sweeney, Michael S. "The Desire for the Sensational: Coxey's Army and the Argus-eyed Demons of Hell." Journalism History, 23, Autumn 1997.

Vincent, Henry. The Story of the Commonwealth. New York: Arno Press, 1969.

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