During the 1992 presidential contest, the press and pundits alike characterized the challenge posed by H. Ross Perot and the political organization he created, United We Stand America, as the most significant assault on the two-party system since Theodore Roosevelt's Bull Moose Campaign. In one sense, this comparison is more penetrating than these observers imagined, for the impressive showing of Perot was emblematic of the candidate-centered, plebiscitary electoral politics that Roosevelt and the Progressive party championed in 1912. Given that Perot ran without partisan attachments and refused to cede authority to the rank and file of a new reform movement, however, the allusion has proven to be as ephemeral as the public opinion polls it relies on. The Progressive party was born during the 1912 election as more than an aegis for Roosevelt's ample desire for power; it embodied the aspirations of reformers whose quest for a vehicle of political, social, and industrial transformation was at least a dozen years old.