Incumbent Republican Governor W. Murray Crane did not run for re-election.

Governor John L. Bates was elected to succeed him, defeating Democratic nominee William A. Gaston and Socialist John C. Chase.

This election was the first in which the newly formed Socialist Party of America fielded a candidate and Chase's 8.44% remains the largest vote any Socialist candidate for Governor has received as of 2025.

Lieutenant Governor John L. Bates was nominated by the Republican party by acclamation.

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