After his unsuccessful bid for the Democratic nomination for governor in 1877, former confederate General and railroad executive William Mahone became the leader of the "Readjusters", forming a coalition of conservative Democrats and white and black Republicans. The so-called Readjusters aspired "to break the power of wealth and established privilege" and to promote public education. The party promised to "readjust" the state debt in order to protect funding for newly established public education, and allocate a fair share to the new State of West Virginia. Its proposal to repeal the poll tax and increase funding for schools and other public facilities attracted biracial and cross-party support.