Britannica AI Icon

Jacob S. Coxey

American businessman and politician

Quick Summary

Jacob S. Coxey was an American businessman and political reformer known for leading "Coxey's Army" in 1894. This group of unemployed individuals marched to Washington, D.C., during a depression, hoping to persuade Congress to fund a public road-building program to create jobs. Coxey proposed printing $500 million in Treasury notes to finance this initiative.12

Although Coxey's Army was the only one of several such groups to reach the capital, their efforts did not directly influence public policy. The venture highlighted the widespread unrest among working people and inspired similar marches. Coxey and some followers were arrested for trespassing on Capitol grounds, marking an ignominious end to their protest.1

Summary created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.
2 Britannica Sources
  1. Coxey’s Army
  2. Coxey

Ask Britannica AI about this topic

Britannica doesn't have a full article on this topic, so we've curated a list of our relevant coverage.