Re-Inauguration of Progressivism: March 4, 1933
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The election of 1932 was one of the most pivotal in the history of the country. It would determine whether the United States would continue to be dominated by 19th century laissez-faire policies or follow the path of such countries as Great Britain and adopt a more active role for the central government in the economy. The latter course was the path of progressivism — of Wilson, La Follette, and the Bull Moose party. Americans had rejected progressivism in 1920, but now, with the specter of a long depression ahead of them, would they again embrace it?
A number of candidates vied for their party’s presidential nomination at the Democratic Party convention of 1932. Al Smith again sought the nomination, but his poor showing at the polls in 1928 dissuaded Democratic politicos from supporting him. The two main contenders for the nomination were Democratic speaker of the House, “Cactus Jack” Garner of Texas, and the governor of New York, Franklin Delano Roosevelt. Roosevelt was fortunate to have the support of the wealthy financier, Joseph P. Kennedy of Massachusetts, who raised funds for him. Kennedy did Roosevelt another good turn; he convinced the wealthy newspaper mogul, William Randolph Hearst, to turn his support to Roosevelt. Hearst controlled the California delegates to the convention, and his support meant their support. With California’s 44 votes in the bag, Roosevelt secured the Democratic nomination for president. (more…)