Eustis was a popular governor, continuing Brooks' moderate policies. He nominated his lieutenant governor, Levi Lincoln, Jr., to the state's high court, and won reelection in 1824 with former Representative Marcus Morton as his lieutenant. While governor he received his old friend Lafayette when he toured the United States. In March–April 1824, perhaps due to his popularity, William Eustis was honored with a single vote at the Democratic-Republican Party Caucus to be the party's candidate for U.S. Vice President at the election later that year.