The American panic of 1893 has its origins in the fiscal policy of the U.S. Congress. Within a year, the 1893 panic ushered in one of the most famous labor conflicts in American history. The American Railway Union's support for workers locked out of the Pullman Palace Car Company became a titanic general strike centered in Chicago. What began as international doubt about the dollar's convertibility into gold became by 1894 a test of Eugene Debs' new American Railway Union, then an abortive strike, then a collapse of the traditional two-party system. This story is often told differently by political scientists, labor historians, and scholars of socialism, the South, or the transition from the Gilded Age to the Progressive era. This chapter attempts to put some of those histories and historiographies together.