ABSTRACT
Fall Wallace had been the favorite of progressives ever since 1942, when, as Vice-President, he spoke at a Soviet Friendship rally in Madison Square Garden. In the January 5, 1948, issue of the New Republic Wallace announced his candidacy and resigned as editor. In the next issue Wallace described his alternative to the Marshall Plan: a UN reconstruction fund similar to UNRRA that would give economic aid to any needy nation on a no-strings basis. Wallace determined policy, not the Communists, who were a minority in his “Gideon’s Army.” To Progressives this has always meant that labeling them Communist stooges was red-baiting, especially when done by liberals who should have known better. Macdonald held that Wallace lacked character, then tried to show why he appealed so much to certain liberals anyway. Macdonald hated Wallace most for embodying the totalitarian liberalism of progressive journalists. Surprisingly enough, however, they refused to support Wallace’s campaign.
