Marlin's first production hammerless .22 caliber "trombone" action rifle, introduced in 1915.
The 1915 catalog describes the Model 32 as "the 'thoroughbred' among .22 pump-action repeaters". Due to Marlin's change from a sporting arms company to a military arms manufacturer during WWI, this model was short-lived. When reintroduced after the war the model was identified as the Model 38. PGW makes only the stock for this rifle.