In 1924 the Committee of 48, custodians of the Progressive party label,
united with the Socialist Party, the railroad unions, and the
American Federation of Labor behind the independent candidacy of
Robert M. La Follette. Remembering the divisive 1912 strategy, they did
not oppose progressive candidates from the two major parties. La
Follette ran on a plank that was largely antimonopoly. As the
American economy improved, however, the Republicans minimized the
scandals of Warren Harding's administration, and La Follette was short of
funds and smeared as an unpatriotic, red demagogue. As a result, the
Republican candidate, Calvin Coolidge, won a landslide victory; La
Follette and his running mate, Burton K. Wheeler, polled 4.8 million
votes.