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Populism in Colorado

    Populism was a third-party political movement of the 1890s that left an enduring imprint on Colorado history. The Populist or People’s Party was especially strong in the south, Midwest, and west because it focused on the grievances of farmers, workers, and members of what Populists called “the producing classes.” These laboring people felt that changes in the economic structure of the United States during the Gilded Age (c. 1870–1900) such as the consolidation of monopolies were making it increasingly difficult to make ends meet. In the Rocky Mountain West, miners in the booming silver camps agreed with farmers that those who produced wealth were deriving less and less benefit from their labor. In 1892 these dissidents convened in Omaha, Nebraska, to create the Populist Party to channel their discontent into political action.

    The People’s Party held the Colorado governorship for only one term, 1893–95, and the Populism movement had largely dissolved by 1900. Although short lived, this insurgent movement from below nonetheless enabled working people to wage a challenge to the prevailing two-party political order, forcing the Democratic and Republican Parties in Colorado and beyond to take note of their grievances. In the following decades, state and federal governments would institute numerous proposals from the Populist platform, most notably women’s suffrage and the secret ballot.

    Politics in Colorado

    Colorado was one of the few states in which the state Populist Party won an election. Political conditions in Colorado were unique. Since the state was still new in the 1890s, the traditional national parties were not yet fully entrenched. People also knew their elected representatives well, which led electors to identify with personal relationships rather than party loyalties. These aspects of state political life offered the opportunity for a third party to come to power.

    Silver also helped make Colorado into a populist bastion. In 1873, before Colorado achieved statehood, the US government established the gold standard, meaning that the it no longer minted silver currency. But Colorado was on the cusp of a massive silver boom; the value of silver mined in the state surpassed that of gold in 1874, forcing mine owners to find other markets for the silver output in Leadville, Aspen, and other mining districts. Miners and mine owners alike seethed at the federal government’s rejection of the silver industry, making them prone to populist sentiments.

    Shifts in other economic trends also accelerated the rise of populism in Colorado. By the 1880s, mining in the state required large amounts of investment capital in order to operate deep-shaft mines. As a result, the vast majority of Colorado’s miners worked not as individual prospectors but as wage workers in large operations owned by big corporations. This reality went against the myths of independence and self-sufficiency that had propelled so many Americans westward, making Colorado fertile ground for a populist movement that would undermine established politics and politicians.

    The Republican Party controlled the state. From 1876 to 1890, the Republicans won five gubernatorial elections, while the Democrats triumphed only twice. Even then, Republicans maintained control of one or both houses of the legislature. So far as Colorado’s established parties were concerned, national issues mostly took precedence over local ones. During the 1880s, working-class Coloradans increasingly complained that no great difference separated platforms, rhetoric, goals, or attitudes of the two major parties. Rather, both the Democrats and the Republicans seemed to champion the state’s business interests and were more concerned with attracting continued investment than addressing the concerns of Coloradans. While investment in mines largely came from eastern cities, British capitalists often owned Colorado’s irrigation and cattle corporations. These out-of-state investments bred resentment among Coloradans who wanted profits earned in Colorado to stay in the state.

    Political dissatisfaction sowed the seeds for several third-party movements in late nineteenth-century Colorado. The state’s newness, relatively small population, and antimonopolistic sentiment opened the way for a number of challenges to the two-party system. Greenback, Greenback-Labor, Prohibition, and Union-Labor Parties were all active alternatives in the state in the 1880s, though none came close to challenging the two main parties.

    Many of these independent parties drew their strength from economic organizations of working people, such as the Knights of Labor, an organization for industrial workers, and the Farmers’ Alliance. In the summer of 1890, these two groups joined together to form the Independent Party. This protest party put forth an antimonopoly platform calling for government ownership of railroads, telegraphs, ditches, and reservoirs, as well as the prohibition of foreign ownership of Colorado land. Although the Independent Party’s candidate received a meager 6 percent of the vote in that year’s gubernatorial election, the party’s supporters remained hopeful. Delegates to a party convention in Denver decided in September 1891 to reorganize the Independent Party as the People’s Party. Populism had arrived in Colorado.

    Election of 1892

    Colorado’s Populists won their first major victory in 1892, when pro-labor candidate Davis Hanson Waite won a three-way governor’s race with 47 percent of the vote. Waite’s victory—the biggest the Populists had yet achieved anywhere in the nation—marked a great advance for the party and its advocates.

    The Populists’ third-party insurgency was fueled by a broader shift toward corporate consolidation across many industries, but especially in mining, during the late 1880s and early 1890s. The Populists led an uneasy coalition of prohibitionists, urban reformers, free-silver advocates, socialists, agrarian reformers, and labor leaders into the election of 1892. They touted their proposals to reform Colorado’s existing political system—proposals that included the secret ballot, the referendum, and the recall—as tools for enhancing the power of everyday people in their relationships with Colorado’s large and increasingly powerful corporations. In this way, Populists tapped into the anticorporate and anticolonial sentiments of Coloradans who blamed eastern and foreign investors for many of the woes confronting the state’s farmers, miners, and other workers.

    The Populists’ platform in Colorado focused on greater regulation of passenger and freight rates, an eight-hour work day, reduction of state officials’ salaries, equal franchise for women, and, crucially, the free coinage of silver. The national party organizations of both the Democrats and the Republicans refused to restore silver to the status of legal tender. Because silver mining and production were so pivotal to the Colorado economy, this decision placed state leaders of both the Democrats and Republicans in an awkward position. Prosilver factions emerged within each of the major parties, and these prosilver allies proved instrumental in the victory of Populist candidate Davis Waite. Most notably, the influential editor of the Rocky Mountain News, Thomas M. Patterson, called on the Democratic Party’s silverites to vote for Waite. As a result, Waite carried almost all of the northern and central mining counties as well as the ten counties ranking highest in silver production. Waite’s campaign also received widespread support in Colorado’s burgeoning agricultural regions, particularly in northeastern Colorado, an irrigation-dependent area where many residents had grown resentful of foreign control of irrigation resources.

    Populism in Power

    Waite and the Populists had won a fair victory; they nonetheless were in a precarious position as they entered office. With the help of the Silver Democrats, the People’s Party controlled the state Senate, but the GOP continued to dominate the House. Furthermore, Waite’s headstrong manner and moral absolutism soon wore thin. Not only did he have difficulty coordinating the alliance with the Silver Democrats, but tensions between his own party’s farming and mining factions stymied his efforts to pass legislation. For example, Waite’s attempt to create tougher regulations on railroad shipping and passenger prices failed, resulting only in the abolition of the existing railroad commission. Weak though it was, this action offered some check against corporate power since its establishment in 1885. Although Waite tried to veto a bill that broke up the original commission, eight Populists broke party ranks to override the veto. Conflicts over nepotism and cronyism further marred the first six months of Waite’s administration.

    A serious global economic downturn known as the Panic of 1893 posed even more serious threats to Waite’s tenure. The recession particularly affected Colorado’s mining and smelting industries. In June 1893, Great Britain closed the mints of India to silver coinage, shutting off the last subsidized market for American silver. The price of silver on the world market dropped from over one dollar per ounce in 1890 to sixty-three cents per ounce in 1894. Almost half the mines in Colorado closed. By July 1893, some 2,000 of Aspen’s 2,200 mine workers had lost their jobs. Railroad traffic and steel output also declined, and banks across the state began to close. Twelve banks in Denver alone went under between July 17 and July 19. A week earlier, as the crisis mounted, Waite delivered an impassioned speech that tarred the rest of his career. “Another revolution,” he thundered, “may be the answer to the crippling silver crisis, for it is better, infinitely better that blood should flow to the horses’ bridles than our national liberties should be destroyed.” His critics and detractors immediately seized upon the inflammatory rhetoric, dubbing the Populist governor “Bloody Bridles” Waite.

    Although the Populists struggled to respond to the economic collapse, they did score some political successes. They managed to pass legislation mandating a maximum eight-hour workday for government employees, for instance. Their greatest achievement was probably the passage of equal suffrage. On November 7, 1893, a Populist-supported referendum extended the franchise to women. A mixed victory for Waite came with the resolution of the miners’ strike at Cripple Creek in 1894. Local law enforcement requested that the governor send in the militia to break the strike, but Waite, always a friend to labor, ordered the militia to protect the striking miners. In the meantime, he managed to get the mine owners and union leaders together in Colorado Springs, where they negotiated a settlement to the industrial strife. While the governor’s actions further endeared him to miners, they further convinced Colorado’s business leaders that “Bloody Bridles” was a dangerous radical.

    Other incidents of 1894 contributed to Waite’s failure to win reelection. Hoping to root out endemic corruption in Denver’s powerful Fire and Police Board, Waite attempted to dismiss commissioners D. J. Martin and Jackson Orr. Refusing to leave office, Martin and Orr armed police officers and firemen and barricaded themselves inside Denver’s City Hall. Waite called upon the state militia to surround the building, and federal troops arrived from Fort Logan. Tensions ran high as the parties waited for the state supreme court to decide whether Waite was justified in removing Martin and Orr. After the court ruled in the governor’s favor, the two commissioners relented, thus averting violence. To Waite’s opponents, Denver’s so-called City Hall War offered further evidence of the governor’s dangerous tendencies.

    Waite’s unorthodox methods were perhaps best exemplified in his proposal to ship Colorado silver to be minted in Mexico, a scheme that would have made Mexican currency legal tender within Colorado’s borders. Waite’s troubled term as governor gave his political enemies plenty of ammunition in the 1894 election, which returned the Republicans to power. The loss of support in the agricultural counties spoke to the growing rift between the agrarian and the labor factions in the People’s Party.

    Election of 1896

    Leading up to the presidential election of 1896, the tensions within Colorado’s People’s Party grew. Reform figures such as Waite worried about the growing influence of non-Populist silver advocates within the party. Waite and his allies thought of silver less as an end in itself and more as an electoral tactic from which they could enforce a broader reform agenda once in power. Most Populists, however, were worried that they would scare off prosilver allies from the major parties if they pursued too radical an agenda. To avoid the formation of an independent silver party, the Populists increasingly trumpeted free silver as their major and sometimes only goal. In a blow to Waite and the radical wing of the Colorado Populists, the former Democrat Thomas Patterson led the delegates of the state’s People’s Party to the national convention in St. Louis. At the state level, the race for the governorship split between Democrats and Silver Republicans on the one hand and Populists and the National Silver Party on the other. Running as an independent Populist candidate, ex-governor Waite garnered less than 2 percent of the vote. The Democrat-Silver Republican candidate, Alva Adams, won the governorship. Although William Jennings Bryan, the Democrat-Populist presidential candidate, lost the election, he took Colorado with more than 80 percent of the vote, the first time a Democrat had claimed the state’s presidential electors.

    Decline and Legacy

    The People’s Party continued to fruitlessly run candidates in Colorado through the turn of the century. The tactic of fusing the pro-silver wing of the Democratic Party around the free coinage of silver only brought many of Colorado’s Populists into the Democratic fold in 1896. In 1902, without the support of the Democrats and with Colorado’s major parties all forming consensus on the silver question, the Populist challenge evaporated.

    Even though Populism waned, Colorado’s labor movement intensified. Demands for an eight-hour workday; the referendum; and the nationalization of telephones, telegraphs, railroads, and mines all increased. Populist agitation had politicized many workers. The Populist challenge also resulted in a general political realignment of the state, delivering most of Colorado’s labor and immigrant voters to the Democratic Party. As the Democrats became the majority party for twenty years following Waite’s defeat in 1894, they grew more responsive to labor’s needs and more willing to take an active stance toward economic regulation. At the national level, too, the Progressive movement of the early twentieth century adopted many of the Populists’ demands for political reform, trying to stem the rising influence of powerful corporations on the government, extending the franchise to women in 1920, and laying the groundwork for greater federal involvement in the nation’s agricultural, industrial, and financial sectors.

    Populism was a third-party political movement of the 1890s. The Populist, or People’s Party, was strong in the south, Midwest, and west. It focused on the grievances of farmers and workers. These people felt that changes to the United States' economy were making it difficult to make ends meet. In the west, miners agreed with farmers. In 1892, they met in Omaha, Nebraska to create the Populist Party.

    The People’s Party held the Colorado governorship for one term from 1893–95. The Populism movement had dissolved by 1900. Although short lived, the movement enabled working people to challenge the two-party political order. In the following decades, state and federal governments would institute Populist proposals, including women’s suffrage and the secret ballot.

    Politics in Colorado

    Colorado was one of the few places where the state Populist Party won an election. Political conditions in Colorado were unique. Since the state was still new in the 1890s, the traditional national parties were not fully established. People also knew their elected officials well. Electors identified more with personal relationships than party loyalties. These conditions allowed a third party to come to power.

    Silver also helped populism in Colorado. In 1873, the US government established the gold standard. That meant the government no longer minted silver currency. At the same time, Colorado was on the cusp of a massive silver boom. The value of silver mined in the state surpassed that of gold in 1874. Mine owners were forced to find other markets for their silver. Miners and mine owners were angry at the federal government’s rejection of the silver industry, making them prone to populist ideas.

    Other economic trends also contributed to the rise of populism in Colorado. By the 1880s, mining in the state required large amounts of investment capital. As a result, many of Colorado’s miners worked for large operations owned by big companies. This went against the myths of independence and self-sufficiency that had propelled Americans west.

    From 1876 to 1890, Republicans won five gubernatorial elections. Democrats won twice. Even then, Republicans maintained control of one or both houses of the legislature.

    During the 1880s, working-class Coloradans complained that there was little difference between the platforms, goals, or attitudes of the two major parties. Both Democrats and Republicans seemed more concerned with attracting investment than addressing the concerns of Coloradans. Investment in mines largely came from eastern cities. British capitalists often owned Colorado’s irrigation and cattle corporations. These out-of-state investments bred resentment among Coloradans who wanted profits earned in Colorado to stay in the state.

    Political dissatisfaction sowed the seeds for several third-party movements in late nineteenth-century Colorado. Greenback, Greenback-Labor, Prohibition, and Union-Labor Parties were all active alternatives in the 1880s.

    Many of these independent parties drew their strength from groups of working people, such as the Knights of Labor, an organization for industrial workers, and the Farmers’ Alliance. In the summer of 1890, these two groups joined together to form the Independent Party. The party called for government ownership of railroads, telegraphs, ditches, and reservoirs. They also wanted a prohibition on foreign ownership of Colorado land. Although the Independent Party’s candidate received only 6 percent of the vote in that year’s governor's race, supporters remained hopeful. In September 1891, they reorganized as the People’s Party. Populism had arrived in Colorado.

    Election of 1892

    Colorado’s Populists won their first major victory in 1892. Pro-labor candidate Davis Hanson Waite won a three-way governor’s race with 47 percent of the vote. Waite’s victory was the biggest the Populists had achieved in the nation.

    Populism was fueled by a shift toward corporate consolidation across many industries, but especially in mining, during the late 1880s and early 1890s. The Populists led a coalition of prohibitionists, urban reformers, and labor leaders into the election of 1892. They touted their proposals to reform Colorado’s existing political system. The proposals included the secret ballot, the referendum, and the recall.

    The Populists’ platform in Colorado focused the free coinage of silver. Both the Democrats and the Republicans refused to restore silver to the status of legal tender. Because silver mining was so important to the Colorado economy, this decision placed state leaders of both major parties in an awkward position. Prosilver factions emerged within each. These prosilver allies proved instrumental in the victory of Populist candidate Davis Waite.

    The influential editor of the Rocky Mountain News, Thomas M. Patterson, called on the Democratic Party’s silverites to vote for Waite. As a result, Waite carried almost all of the northern and central mining counties. He also won the ten counties ranking highest in silver production.

    Populism in Power

    With the help of the Silver Democrats, the People’s Party controlled the state Senate. The GOP continued to dominate the House. However, Waite’s headstrong manner soon wore thin. He had difficulty coordinating the alliance with the Silver Democrats. Tensions between his own party’s farming and mining factions hurt his efforts to pass legislation.

    The Panic of 1893 posed an even more serious threats to Waite. The recession affected Colorado’s mining and smelting industries. In June 1893, Great Britain closed India's mints to silver coinage. This shut off the last subsidized market for American silver. The price of silver dropped from over one dollar per ounce in 1890 to sixty-three cents per ounce in 1894. Almost half the mines in Colorado closed. By July 1893, some 2,000 of Aspen’s 2,200 mine workers had lost their jobs. Railroad traffic and steel output also declined, and banks across the state began to close. Twelve banks in Denver alone went under between July 17 and July 19.

    The Populists struggled to respond to the economic collapse, but did have some political successes. They passed legislation mandating a maximum eight-hour workday for government employees. However, their greatest achievement was the passage of equal suffrage. On November 7, 1893, a Populist-supported referendum extended the vote to women.

    Waite’s troubled term as governor gave his political enemies plenty of ammunition in the 1894 election, which returned the Republicans to power.

    Election of 1896

    Leading up to the presidential election of 1896, tensions within Colorado’s People’s Party grew. Waite worried about the growing influence of non-Populist silver advocates within the party. Waite and his allies thought of silver as an electoral tactic from which they could enforce a broader reform agenda once in power. Most Populists, however, were worried that they would scare off prosilver allies from the major parties if they pursued too radical an agenda. To avoid the formation of an independent silver party, the Populists trumpeted free silver as their major and sometimes only goal.

    Running as an independent Populist candidate, Waite got less than 2 percent of the vote. Alva Adams won the governorship.

    Decline and Legacy

    The People’s Party continued to fruitlessly run candidates in Colorado through the turn of the century. The issue of free coinage of silver brought many of Colorado’s Populists into the Democratic fold in 1896. Without the support of the Democrats, the Populist challenge ended in 1902.

    Even though Populism waned, Colorado’s labor movement intensified. Demands for an eight-hour workday; the referendum; and the nationalization of telephones, telegraphs, railroads, and mines all increased.

    Democrats became the majority party in Colorado for twenty years following Waite’s defeat in 1894. They grew more responsive to labor’s needs. Democrats were more willing to take an active stance toward economic regulation.

    At the national level, the Progressive movement of the early twentieth century adopted many of the Populists’ demands for political reform. The movement extended the vote to women in 1920 and laid the groundwork for greater federal involvement in the nation’s industrial and financial sectors.

    Populism was a third-party political movement of the 1890s. The Populist, or People’s Party, was strong in the south, Midwest, and west. It focused on farmers and workers who felt changes to the economy were making it hard to survive. In the west, miners agreed with farmers. In 1892, they met in Omaha, Nebraska to create the Populist Party.

    The People’s Party held the Colorado governorship for one term from 1893–95. The Populism movement had dissolved by 1900. The movement enabled working people to challenge the two-party system.

    Politics in Colorado

    Colorado was one of the few places where the state Populist Party won an election. Political conditions in Colorado were unique. The state was still new in the 1890s. Traditional national parties were not fully established. People also knew their elected officials well. Electors identified more with personal ties than party loyalties. These conditions allowed a third party to come to power.

    Silver also helped populism in Colorado. In 1873, the US government established the gold standard. That meant the government no longer minted silver currency. At the same time, Colorado was about to have a massive silver boom. The value of silver mined in the state surpassed that of gold in 1874. Mine owners were forced to find other markets for their silver. Miners were angry the federal government rejected silver. This made them open to populist ideas.

    Other economic trends also contributed to the rise of populism in Colorado. By the 1880s, mining in the state required large amounts of investment capital. As a result, many of Colorado’s miners worked for large operations owned by big companies. This went against the ideas of independence and self-sufficiency that drove Americans west.

    From 1876 to 1890, Republicans won five governor's races. Democrats won twice. Republicans kept control of one or both houses of the legislature.

    Working-class Coloradans didn't see much difference between the two major parties. Both seemed more concerned with attracting investment than addressing the concerns of Coloradans. Investment in mines largely came from eastern cities. These out-of-state investments bred resentment. Coloradans wanted profits earned in Colorado to stay in the state.

    This resentment brought about several third-party movements. Greenback, Greenback-Labor, Prohibition, and Union-Labor Parties were all active alternatives in the 1880s.

    Many of these independent parties drew their strength from working people. Two such groups were the Knights of Labor and the Farmers’ Alliance. In the summer of 1890, these two groups joined to form the Independent Party. The party called for government ownership of railroads, telegraphs, ditches, and reservoirs. The Independent Party’s candidate received only 6 percent of the vote in that year’s governor's race. However, supporters remained hopeful. In September 1891, they reorganized as the People’s Party. Populism had arrived in Colorado.

    Election of 1892

    Colorado’s Populists won their first major victory in 1892. Pro-labor candidate Davis Hanson Waite won the race with 47 percent of the vote. Waite’s victory was the biggest the Populists had achieved in the nation.

    Populists wanted to reform Colorado’s existing political system. The proposals included the secret ballot, the referendum, and the recall.

    The Populists’ platform in Colorado focused the free coinage of silver. Both the Democrats and the Republicans refused to restore silver as legal tender. Because silver mining was so important to the Colorado economy, prosilver factions emerged within each. These prosilver allies were instrumental in Waite's victory.

    The editor of the Rocky Mountain News was Thomas M. Patterson. Patterson called on the Democratic Party’s silverites to vote for Waite. Waite won almost all of the northern and central mining counties. He also won the ten counties ranking highest in silver production.

    Populism in Power

    With the help of the Silver Democrats, the People’s Party controlled the state Senate. The GOP controlled the House. However, Waite’s headstrong manner wore thin. He had trouble coordinating the alliance with the Silver Democrats. Tensions between his own party’s farming and mining factions hurt his efforts to pass legislation.

    The Panic of 1893 posed an even more serious threat to Waite. The recession affected Colorado’s mining industry. In June 1893, Great Britain closed India's mints to silver coinage. The price of silver dropped from over one dollar per ounce in 1890 to sixty-three cents per ounce in 1894. Almost half the mines in Colorado closed. By July 1893, some 2,000 of Aspen’s 2,200 mine workers had lost their jobs. Railroad traffic and steel output also declined. Banks across the state began to close. Twelve banks in Denver alone went under between July 17 and July 19.

    The Populists struggled to respond to the economic collapse. However, they did have some political successes. They passed legislation mandating a maximum eight-hour workday for government employees. Their greatest achievement was the passage of equal suffrage. On November 7, 1893, a Populist-supported referendum gave the vote to women.

    After Waite's troubled term as governor, the 1894 election returned the Republicans to power.

    Election of 1896

    Leading up to the presidential election of 1896, tensions within Colorado’s People’s Party grew. Waite worried about the influence of non-Populist silver advocates within the party. Waite and his allies thought of silver as an electoral tactic. From there, they could enforce a broader reform agenda once in power. However, most Populists worried they would scare off prosilver allies with a radical agenda. To avoid the creation of a silver party, the Populists trumpeted free silver as their major goal.

    Decline and Legacy

    The People’s Party continued to run candidates in Colorado through the turn of the century. The issue of free coinage of silver brought many of Colorado’s Populists into the Democratic fold in 1896. Without the support of the Democrats, the Populist challenge ended in 1902. Even though Populism waned, Colorado’s labor movement intensified. Demands for an eight-hour workday increased.

    Democrats became the majority party in Colorado for twenty years following Waite’s defeat in 1894.

    At the national level, the Progressive movement of the early twentieth century adopted many of the Populists’ demands for reform. The movement extended the vote to women in 1920. It also laid the groundwork for greater federal involvement in the nation’s industrial and financial sectors.

    Populism was a third-party political movement of the 1890s. The Populist, or People’s Party, was strong in the south, Midwest, and west. It focused on farmers and workers who felt changes to the economy were making it hard to survive.

    Politics in Colorado

    Colorado was one of the few places where the state Populist Party won an election. The state was still new in the 1890s. Traditional national parties were not fully established. People also knew their elected officials well. Electors identified more with personal ties than party loyalties. These conditions allowed a third party to come to power.

    Silver also helped populism in Colorado. In 1873, the US government established the gold standard. That meant the government no longer minted silver currency. At the same time, Colorado was about to have a massive silver boom. The value of silver mined in the state surpassed that of gold in 1874. Mine owners were forced to find other markets for their silver. Miners were angry the federal government rejected silver. This made them open to populist ideas.

    From 1876 to 1890, Republicans won five governor's races. Democrats won twice. Republicans kept control of one or both houses of the legislature.

    Working-class Coloradans didn't see much difference between the two parties. Both seemed more concerned with attracting investment than addressing their concerns. Investment in mines largely came from eastern cities. This bred resentment. Coloradans wanted profits earned in Colorado to stay in the state.

    This resentment brought about several third-party movements. Many of these independent parties drew their strength from working people. Two such groups were the Knights of Labor and the Farmers’ Alliance. In the summer of 1890, these two groups joined to form the Independent Party. The party called for government ownership of railroads, telegraphs, and reservoirs. The Independent Party’s candidate received only 6 percent of the vote in that year’s governor's race. However, supporters remained hopeful. In September 1891, they reorganized as the People’s Party. Populism had arrived in Colorado.

    Election of 1892

    Colorado’s Populists won their first major victory in 1892. Pro-labor candidate Davis Hanson Waite won the race with 47 percent of the vote. Waite’s victory was the biggest the Populists had achieved in the nation.

    Populism in Power

    The Panic of 1893 affected Colorado’s mining industry. The price of silver dropped from over one dollar per ounce in 1890 to sixty-three cents per ounce in 1894. Almost half the mines in Colorado closed. By July 1893, some 2,000 of Aspen’s 2,200 mine workers had lost their jobs. Railroad traffic and steel output also declined. Banks across the state began to close. Twelve banks in Denver alone went under between July 17 and July 19.

    The Populists struggled to respond to the economic collapse. However, they did have some successes. Their greatest achievement was the passage of equal suffrage. On November 7, 1893, a Populist-supported referendum gave women the vote.

    After Waite's troubled term as governor, the 1894 election returned the Republicans to power.

    Election of 1896

    In 1896, tensions within Colorado’s People’s Party grew. Waite worried about the influence of non-Populist silver advocates. He thought of silver as an election tactic. Once in power, Populists could pass a reform agenda. However, others worried they would scare off prosilver allies with a radical agenda. Increasingly, the Populists trumpeted free silver as their major goal.

    Decline and Legacy

    The Populist challenge ended in 1902. Even though Populism waned, Colorado’s labor movement intensified. Demands for an eight-hour workday increased.

    Nationally, the Progressive movement adopted many of the Populists’ reforms. The movement extended the vote to women in 1920. It laid the groundwork for greater federal involvement in industrial and financial sectors.