In 1848, the candidates included:
1. Lewis Cass - Democrat, a veteran of the War of 1812.
2. Abraham Lincoln - Republican, also a veteran of the War of 1812.
3. Zachary Taylor - Whig, known as "Old Rough and Ready," and a veteran of the Mexican-American War. He was a slave owner from Louisiana.
4. Martin Van Buren - Free Soil party candidate. The Free Soil Party advocated for excluding slavery from newly acquired territories. They didn't align with radical abolitionists but aimed for a middle ground, promoting the slogan "Free soil, free speech, free labor, and free men."
In the election, Zachary Taylor, the Whig candidate, lost.
Therefore, the statement "Zachary Taylor lost the election" is true.