At mid-century Uruguay had fully recovered from the authoritarianism of Gabriel Terra in the 1930s and was now engaged in an attempt to re-establish and extend the political and social institutions of the batllista system of the pre-1930 period. The factors which had made Uruguay a special case by 1930 were its favourable natural endowment and its social structure, as well as the political and legislative achievements of the first two decades of the century. In Uruguay, as elsewhere in Latin America, the depression signified the end of the era of export-led growth, even though its political sequel resulted in power being held by interests which were closely linked to the export sector. This chapter discusses batllistas, second colegiado, Nationalists, military rule and Uruguayan democracy. Domestically, the broader changes occurring in the economy and society contributed to the revival of the batllistas.