on june 18, 1903, walcott fought young peter jackson, an exceptional black contender to a twenty-round draw, in portland, oregon, in a match billed as a world welterweight championship. the title did not change hands due to the draw decision. walcott would later lose to jackson on june 10, 1904, in a fourth-round knockout during a non-title fight in baltimore, after receiving a punch to the stomach. up until the time of the knockout, walcott was considered to have a slight lead over jackson, as his blows to the head and neck of his opponent were not landing with much force. walcott had previously fought jackson twice in the winter of 1902 to a win and a draw.