The faction, originally named the Equal Rights Party, was formed in
New York City as a protest against the city's regular Democratic organization,
Tammany Hall. It consisted of a coalition of anti-Tammany Democrats and labor union veterans of the
Working Men's Party, which had existed from 1828 to 1830. The group advocated for
laissez-faire policies and opposed
monopolies. Its leading intellectual figure was editorial writer
William Leggett. The name Locofoco derived from "locofoco," a type of friction
match. It originated when a group of
Jacksonians used such matches to light candles in order to continue a political meeting after Tammany supporters attempted to break it up by turning off the gaslights.The Locofocos were involved in the
Flour Riot of 1837. In February of that year, they held a mass meeting in New York City's City Hall Park to protest the rising cost of living. When the crowd learned that flour had been hoarded at warehouses on the Lower East Side, hundreds rushed to the warehouses, leading to the arrest of 53 people. The New York State Assembly blamed the Locofocos for the unrest and opened an investigation into the group. The faction never gained control of the Democratic Party nationally and declined after 1840, when the federal government passed the
Independent Treasury Act. The legislation ensured that the government would not resume its involvement in banking, a key demand of the faction. During the
1840 election,
Whig opponents applied the term Locofoco to the entire Democratic Party, both because Democratic President
Martin Van Buren had incorporated many Locofoco ideas into his economic policy, and because the Whigs considered the term derogatory. In general, the Locofocos supported
Andrew Jackson and Van Buren. They advocated
free trade, greater circulation of
specie, and legal protections for labor unions, while opposing paper money, financial
speculation, and state banks. Notable members of the faction included
William Leggett,
William Cullen Bryant,
Alexander Ming Jr.,
John Commerford,
Levi D. Slamm,
Abram D. Smith,
Henry K. Smith,
Isaac S. Smith,
Moses Jacques,
Gorham Parks, and
Walt Whitman, who at the time was a newspaper editor.
Ralph Waldo Emerson described the Locofocos as follows: "The new race is stiff, heady, and rebellious; they are fanatics in freedom; they hate tolls, taxes, turnpikes, banks, hierarchies, governors, yea, almost all laws." == Canada ==