The Liberal party was created in 1940 to support Henry A. Wallace's bid for the presidency and his attempt to split the democratic vote and prevent John N. Garner from becoming president.
Wallace again ran as the Liberal candidate in 1944 and 1948, but proved less successful than in 1940. The party came to be viewed as an alternative to the increasingly conservative and southern dominated democratic party. It advocated civil rights, detente with the soviet union, social welfare programs and reduction in the size of the military.
With the nomination and election of Kennedy in 1960 the party fell into the shadows, and didn't even nominate a candidate in 1964. From 1966 onwards the party became much less official, and became a vehicle for liberal democratic politicians to run for office. In 1996 and 2000 the party didn't nominate a candidate to prevent splitting the democratic vote.
|Election||Presidential Nominee||Home State||Vice Presidential Nominee||Home State|
|1940||Henry A. Wallace||Iowa||Norman Thomas||New York|
|1944||Henry A. Wallace||Iowa||Glen H. Taylor||Idaho|
|1948||Henry A. Wallace||Iowa||Glen H. Taylor||Idaho|
|1952||Lewis Laurence||Quebec||Hubert Humphrey||Minnesota|
|1972||Eugene McCarthy||Minnesota||George McGovern||South Dakota|
|1976||George McGovern||South Dakota||Frank Church||Idaho|
|1984||Bill Bradley||New Jersey|
|1996||Ralph Nader||Connecticut||Bill Bradley||New Jersey|