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Research Results For 'Readjusters'

READJUSTERS

The Readjusters were an American political faction formed from the Democratic party of Virginia in 1878. Its formation was due to a bill which passed the State Legislature in March of that year for refunding the State debt. The party was led by William Mahone and was violently opposed to the payment of the debt. In 1879 and 1881, by a fusion with the Republicans they gained control of the State government, and sent William Mahone to the United States Senate.
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WILLIAM MAHONE

WilliamMahone was an American soldier and politician. He was born in 1836 and died in 1895. A Confederate major-general he was noted for hard fighting in several battles, especially at Petersburg. About 1878 he organized and became the leader of the party called Readjusters, advocating repudiation of the State debt of Virginia. From 1881 to 1887 he was a Senator from Virginia.
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