'Don't you Hear all the Railroad Men Squeak?': William G. McAdoo, the United States Railroad Administration, and the Democratic Presidential Nomination of 1924

Abstract

William Gibbs McAdoo is best known as the other half of the great Democratic Party meltdown at the party's national convention in 1924, when he and Alfred E. Smith fought for the presidential nomination over nine days and 102 ballots. We know much about Smith, but much less about what McAdoo stood for and what constituencies he appealed to during his unsuccessful campaign for that nomination. This article puts some flesh on the bones of McAdoo's candidacy in 1924 by looking more closely at his nomination platform and strategy, and by showing how his term as director general of the United States Railroad Administration (USRRA) in 1918 was pivotal in his campaign for the presidential nomination in 1924. At the USRRA McAdoo used federal control not only to rationalize the railroads but also to create an electoral constituency for his presidential ambitions. Although his time at the helm of the USRRA finished at the end of 1918, McAdoo remained prominent in the debate over its fate and then assiduous in his attempts to cash in the political chips he had accumulated through his work with it.