With the Republican and Democratic parties each nominating conservative candidates in the 1924 presidential election, left-wing groups coalesced behind La Follette's third-party candidacy.
With the support of the Socialist Party, farmer's groups, labor unions, and others, La Follette briefly appeared to be a serious threat to unseat Republican President Calvin Coolidge.
La Follette stated that his chief goal was to break the "combined power of the private monopoly system over the political and economic life of the American people",[3] and he called for government ownership of railroads and electric utilities, cheap credit for farmers, the outlawing of child labor, stronger laws to help labor unions, protections for civil liberties, and a 10-year term for members of the federal judiciary.
[15] His political views were broadly in line with those of other Northern Republicans at the time; he supported high tariff rates and developed a strong relationship with William McKinley.
[17] He also denounced racial discrimination in the Southern United States and favored the Lodge Bill, which would have provided federal protections against the mass disenfranchisement of African Americans in the South.
La Follette's public allegation of bribery precipitated a split with many friends and party leaders, though he continued to support Republican candidates like John Coit Spooner.
La Follette declined to run as an independent despite the pleas of some supporters, and after the election, he turned down an offer from President William McKinley to serve as the Comptroller of the Currency.
Running in a strong year for Republicans nationwide, La Follette decisively defeated his Democratic opponent Louis G. Bomrich in the general election, winning just under 60 percent of the vote.
[37] In the aftermath of the 1902 election, the state legislature enacted the direct primary (subject to a statewide referendum) and La Follette's tax reform bill.
[54] Nonetheless, La Follette found ways to attack monopolistic coal companies, and he pressed for an expansion of the railroad regulation powers of the Interstate Commerce Committee.
[57] Meanwhile, La Follette alienated some of his supporters in Wisconsin by favoring Stephenson, his main donor, over Lenroot in an election to fill the seat of retiring Senator John Coit Spooner.
[59] La Follette was unable to prevent the passage of the bill, but his 19-hour speech, the longest filibuster in Senate history up to that point, proved popular throughout the country.
[33][61] La Follette hoped that the backing of influential journalists like Lincoln Steffens and William Randolph Hearst would convince Republican leaders to nominate him for president in 1908, but he was unable to build a strong base of support outside of Wisconsin.
[63] La Follette was nonetheless pleased that the party platform called for a reduction of the tariff and that Taft indicated that he would emulate Roosevelt's support for progressive policies.
The resulting Pinchot–Ballinger controversy pitted Ballinger and Taft against Gifford Pinchot, the head of the United States Forest Service and a close friend of Theodore Roosevelt.
[72] The league won the endorsement of nine senators, 16 congressmen, four governors, and well-known individuals such as Pinchot and Louis Brandeis, but notably lacked the support of former President Roosevelt.
"[74] Roosevelt announced his candidacy for the Republican nomination in early 1912, but La Follette rejected the request of Pinchot and some other progressive leaders to drop out of the race and endorse the former president.
Nonetheless, La Follette was the lone Republican senator to vote for the Revenue Act of 1913, which lowered tariff rates and levied a federal income tax.
[86] In 1915, La Follette won passage of the Seamen's Act, which allowed sailors to quit their jobs at any port where cargo was unloaded; the bill also required passenger ships to include lifeboats.
It is nothing short of pathetic to witness a man like La Follette, whose many brave battles for democracy have endeared him to the hearts of hundreds of thousands of Americans, now lending himself to the encouragement of autocracy.
[99] During the First Red Scare, a post-war period in the United States marked by the widespread fear of socialism and anarchism, La Follette condemned the Palmer Raids, sought the repeal of the Espionage Act, and proposed amnesty for political prisoners like Eugene V.
La Follette believed that the League of Nations, a vital component of the Treaty of Versailles, was primarily designed to protect the dominant financial interests of the United States and the Allied Powers.
After the Republican Party nominated conservative senator Warren G. Harding, La Follette explored a third-party presidential bid, though he ultimately did not seek the presidency because various progressive groups were unable to agree on a platform.
In 1923, La Follette began planning his final stand for a third party run for the presidency, sending his allies to various states to build up a base of support and ensure ballot access.
[111] La Follette had changed his previous pro-Bolshevik stance after visiting the Soviet Union in late 1923, where he had seen the impact of Communism on civil liberties and political rights.
During that same time, La Follette visited England, Germany and Italy, where he expressed his dismay at the lack of freedom in the press to leader Benito Mussolini.
[112][113] On July 3, 1924, one day before the CPPA convention, La Follette announced his candidacy in the 1924 presidential election, stating that, "to break the combined power of the private monopoly system over the political and economic life of the American people is the one paramount issue.
La Follette's first choice for his running mate, Associate Justice of the United States Supreme Court Louis Brandeis, refused to join the campaign.
[114] After the convention, the Socialist Party of America, acting on the advice of perennial presidential candidate Eugene V. Debs, endorsed La Follette's candidacy.
Harold L. Ickes and some other progressives who had supported Roosevelt's 1912 candidacy threw their backing behind La Follette, though others, including Gifford Pinchot, endorsed Coolidge.