  We present an F606W-F814W color-magnitude diagram for the Draco dwarf
spheroidal galaxy based on Hubble Space Telescope WFPC2 images. The luminosity
function is well-sampled to 3 magnitudes below the turn-off. We see no evidence
for multiple turnoffs and conclude that, at least over the field of the view of
the WFPC2, star formation was primarily single-epoch. If the observed number of
blue stragglers is due to extended star formation, then roughly 6% (upper
limit) of the stars could be half as old as the bulk of the galaxy. The color
difference between the red giant branch and the turnoff is consistent with an
old population and is very similar to that observed in the old, metal-poor
Galactic globular clusters M68 and M92. Despite its red horizontal branch,
Draco appears to be older than M68 and M92 by 1.6 +/- 2.5 Gyrs, lending support
to the argument that the ``second parameter'' which governs horizontal branch
morphology must be something other than age. Draco's observed luminosity
function is very similar to that of M68, and the derived initial mass function
is consistent with that of the solar neighborhood.
