PresidentialPositionsIssuesReceptionTimelineDocuments

Work in progress — cycles are added one at a time. Every quote is machine-verified against an archived source; follow the links to read it.

1932

John Nance Garner vs Alfred E. Smith

IssueJohn Nance GarnerAlfred E. Smith
Regulation of banks and securities
RFC loans to individuals and corporations generally — 'the Government into personal banking' (the Rainey bill) specific_pledgenot_applicable
Extend RFC lending beyond banks and railroads to any borrower with security, for any purpose; passed under Garner's leadership in July 1932 and vetoed by Hoover.
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Overall role and scale of the federal government —
War on any candidate who makes 'demagogic appeals to the masses' setting class against class directional_stancenot_applicable
Oppose, and refuse to support, any Democratic candidate whose appeal sets 'class against class and rich against poor' — the 'forgotten man' politics of Roosevelt's April 7 broadcast; by implication, a campaign on repeal and business-friendly economics rather than redistribution.
National Prohibition —
Outright repeal of the Eighteenth Amendment — the issue Roosevelt was downplaying specific_pledgenot_applicable
Repeal the Eighteenth Amendment, as Smith had urged since 1928; make repeal the central Democratic issue.
Public works as employment policy
The Garner-Rainey $1.2 billion public-works bill — and a pledge to reintroduce it specific_pledgenot_applicable
As Speaker, secured House passage (June 1932) of a $1,200 million public-works program covering 3,500 projects, plus RFC loans to states; announced he would introduce it again in the next session.
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Tariff levels —
Endorsement of the Smoot-Hawley tariff directional_stancenot_applicable
Accept the 1930 tariff rather than campaign against it — the position Raskob tried to write into party policy in March 1931.
Veterans' bonus and benefits
The Patman cash bonus and $2.3 billion of greenbacks, passed by the House under his speakership specific_pledgenot_applicable
The House under Speaker Garner passed the Patman bill (June 15, 1932) paying the bonus in full immediately, financed by new Treasury notes; Hoover treated this as Garner's and the party's policy.
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European war debts and reparations —
A twenty-year moratorium on the war debts, writing them off in proportion to each nation's purchases of American goods specific_pledgenot_applicable
Suspend intergovernmental debt payments for twenty years and cancel debt in proportion to the debtor's trade with the United States — converting the debts into an instrument for reviving exports.