HIST-UA 9 Lecture Notes - Lecture 10: Jacob S. Coxey Sr., William Jennings Bryan, Sherman Silver Purchase Act
Document Summary
Jacob coxey was a populist and a businessman. He wanted to help the country from the panic of 1893. The panic of 1893 caused financial collapse for the country. The stock market collapsed, banks failed, railroads failed, and the labor force lost jobs. It was the worst depression in history for the country. To help the country, coxey made a plan to create jobs for the unemployed and create ways for inflation to. However, the government didn"t respond so coxey said that he would protest to congress with boots on to fight for the demands. Coxey and his army of unemployed people marched massillon, They were stopped by the police and coxey was arrested and convicted. The middle-class was worried about the strikes since it was a sign of instability in the country. Issues with the labor unions frightened the people.
