Upon admission to the Virginia bar, Price began legal practice in Staunton, but soon moved to Richmond, Virginia in 1910, where he practiced corporate law. In 1916, he won the first of what became seven terms in the Virginia House of Delegates as one of five delegates representing Richmond. That year marked a major turnover in Richmond's delegation: only
Edward R. Fuller who had been selected to fill the term of the deceased
D. L. Toney, was re-elected from the 1914 Richmond house delegation. Price served alongside Fuller until 1928. He also served alongside
James P. Jones and
Albert Orlando Boschen for several terms, and for lesser periods alongside Richard W. Carrington, Graham B. Hobson, William M. Myers, T. Gray Haddon, George Luther Wilcox, Charles W. Crowder, J. Fulmer Bright, James R. Sheppard Jr., Elben C. Folkes, J. Vaughan Gary and S.S.P. Patterson in the Richmond delegation to various General Assembly sessions. Virginia voters elected Price Lieutenant Governor in 1929 (the state's 23rd). As the Great Depression began, Price could soon see that Governor
John G. Pollard, a member of the Byrd Organization selected by
Harry F. Byrd as his successor, was cutting state employees' salaries rather than taking advantage of the programs created by President
Franklin D. Roosevelt, although a fellow Democrat. Price could not secure Byrd's support to run for governor in 1933. Instead Byrd selected former Congressman and State Corporation Commission member
George C. Peery, who agreed with Byrd's "pay as you go" government funding philosophy. Price again won re-election as lieutenant governor unopposed. In the 1937 general election, Price made known he would run with or without organizational support. He became the Democratic candidate and won 82.78% of the vote. He defeated
Republican candidate
John Powell Royall (a former
State Senator), as well as Communist Donald Burke, and Prohibitionist James A. Edgerton. As governor, Price secured the support of anti-Byrd forces including
Francis Pickens Miller in the 1938 session in order to pass social legislation in the
Virginia General Assembly. He also created public works projects (including a new buildings for the
Library of Virginia,
Virginia Supreme Court, and the
Medical College of Virginia), implemented the
Social Security Act, solicited federal funds for urban development, and advocated the inclusion of
African Americans in the
U.S. military, as well as prepared Virginia for what became
World War II. Price also helped rename two of the state's teachers' colleges
Mary Washington University and
James Madison University. Various labor measures were also advocated by Price during his time as governor. Price fired top Byrd lieutenant
Everett R. Combs as state Comptroller and chairman of the Compensation board, incurring Byrd's wrath. While historian
Douglas Southall Freeman labeled Price's 1940 legislative agenda one of the best on record, the Byrd Organization refused to pass such legislation until 1942, as Price left office due to the single term limit in the state Constitution and was succeeded by
Colgate Darden. ==Death and legacy==