By the 1940s, Texas conservative Democrats were irritated with Roosevelt and his New Deal and they were also unhappy about the Supreme Court striking down the segregated primary in Smith v. Allwright. They planned to gain control of the nominating convention and select a slate of electors who would not vote for Roosevelt. Texas Regulars supporters included Congressman Martin Dies Jr., former Texas governor Dan Moody, and Senator W. Lee O'Daniel.
The Texas Regulars won the first convention, but they then lost the second convention. This led them to form their own ticket which did not field a candidate. On election day, they finished third both in Texas and in the national popular vote, with 135,439 votes (0.3% of the vote nationally, and 11.8% of the vote in Texas). They won a majority in only Washington County, Texas. Roosevelt easily carried Texas with 71.4% of the statewide vote and won national re-election with 432 of 531 Electoral Votes.