Republican Party
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Leader | Abraham Lincoln; Hannibal Hamlin |
Founded | 1850s |
Headquarters | Washington, D.C. |
The Republican Party, also commonly called the GOP (for "Grand Old Party"), is one of the world's oldest extant political parties. It is the second oldest existing political party in the United States after its primary rival, the Democratic Party. It emerged in 1854 to combat the Kansas–Nebraska Act, an act that dissolved the terms of the Missouri Compromise and allowed slave or free status to be decided in the territories by popular sovereignty, the Whigs disintegrated. The Party had almost no presence in the Southern United States, but by 1858 in the North it had enlisted former Whigs and former Free Soil Democrats to form majorities in nearly every Northern state.
With its election of Abraham Lincoln in 1860, and its success in guiding the Union to victory and abolishing slavery, the party came to dominate the national political scene until 1932. The Republican Party was based on northern white Protestants, businessmen, small business owners, professionals, factory workers, farmers, and African Americans. It was pro-business, supporting banks, the gold standard, railroads, and high tariffs to protect factory workers and grow industry faster. Under William McKinley and Theodore Roosevelt, it emphasized an expansive foreign policy.
The GOP lost its majorities during the Great Depression (1929–1940). Instead, the Democrats under Franklin D. Roosevelt formed a winning "New Deal" coalition, which was dominant from 1932 through 1964. That coalition collapsed in the mid-1960s, partly because of white Southern Democrats' disaffection with passage of the Civil Rights Act of 1964. Republicans won five of the six presidential elections from 1968 to 1988, with Ronald Reagan as the party's iconic conservative hero. From 1992 to 2016, the Republican candidate has been elected to the White House in three of the seven presidential elections—and only in one out of those seven elections, in 2004, did he win the popular vote.