This article reconsiders the politics and political transformation of the Georgia Populist Thomas E. Watson (1856-1922), focusing specifically on the years from 1894 to 1896. Watson began his political career committed to a multiracial agrarian democracy in the epoch of Jim Crow and the New Departure Democrats. While historians have considered his shift from multiracial organizer to self-proclaimed white supremacist, many have failed to correctly point to the defining years precipitating this shift, which coincided with an abandonment of his radical agrarian policies as well. Through a historical contextualization of his life and career, this article provides a new framework for understanding the complexities and contradictions in Watson’s ...