Republican Party (United States)
Founded in 1854, the GOP originally subscribed to classical liberalism and took ideological stands that were anti-slavery and pro-economic reform. Abraham Lincoln was the first Republican president in the history of the United States. The party was usually dominant over the Democrats during the Third Party System and Fourth Party System. In 1912, Theodore Roosevelt formed the Progressive ("Bull Moose") Party after being rejected by the GOP and ran as a third-party presidential candidate. Roosevelt called for many social reforms, some of which were later championed by New Deal Democrats in the 1930s. He lost the 1912 election, and when most of his supporters returned to the GOP, they were at odds with the party's new conservative economic stance; many left for the Democratic Party, and an ideological shift to the right occurred in the Republican Party. Later in the 20th century, the liberal Republican element was overwhelmed by a conservative surge begun by Barry Goldwater in 1964 and continued during the Reagan Era.
Frank Munsey
Munsey became directly involved in presidential politics when former President Theodore Roosevelt announced his candidacy to challenge his hand-picked successor President William Taft for the landmark 1912 Republican Party nomination for the presidency. Munsey and George W. Perkins provided the financial backing for Roosevelt's campaign leading up to the Republican National Convention in Chicago. When Roosevelt supporters bolted from the convention, Munsey was one of the most outspoken critics of what were labeled as "corrupt proceedings" and announced that Roosevelt would run at the head of a new party. His encouragement and offer of financial backing led to the formation of the Progressive Party, which acquired the nickname of the "Bull Moose Party" (from TR's quotation that "I'm as strong as a bull moose", when questioned about his age after previously becoming the youngest president upon McKinley's assassination, serving almost two terms as president) then nominated Roosevelt for president. Munsey was one of its most ardent supporters and one of the largest contributors to its "third party" campaign expenses and pulled one of the largest votes ever for a candidate not from one of the two main dominant parties in American history.