People's party n. (U. S. Politics) A party formed in 1891, advocating an increase of the currency, public ownership and operation of railroads, telegraphs, etc., an income tax, limitation in ownership of land, etc.
... says Bernstein, "can become the people's party, but only in the sense that the workingmen form the essential kernel around which are grouped social elements having identical interests.... Of all the social classes opposed to the capitalist class, the working class alone represents an invincible factor of social progress," ... — Socialism As It Is - A Survey of The World-Wide Revolutionary Movement • William English Walling