The Readjuster Party was a political biracial coalition formed in Virginia in the late 1870s during the turbulent period following the Reconstruction era. Readjusters aspired "to break the power of wealth and established privilege" among the planter elite of white men in the state and to promote public education. Their program attracted biracial support.
The party was led by Harrison H. Riddleberger of Woodstock, an attorney, and William Mahone, a former Confederate general who was president of several railroads. Mahone was a controlling force in Virginia politics from around 1870 until 1883, when the Readjusters lost control to white conservative Democrats.
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“We are in a period when old questions are settled and the new are not yet brought forward. Extreme party action, if continued in such a time, would ruin the party. Moderation is its only chance. The party out of power gains by all partisan conduct of those in power.”
—Rutherford Birchard Hayes (18221893)