But I'll bet it takes a passel of 'em to make for a backstrap supper!
Gerald, my apologies for aiding in turning your inquiry into our version of 'The Cooking Channel' , but we are a good bunch of Renaissance Men prone to the better things of life, are we not?
My 32-20 experience has been with cast bullets, so velo has been limited to that suitable, and in line with the original design and purpose of the cartridge; ie, 1250ish fps or so with 100-115ish grain bullets. At that it has been, to me, a very good small game to mid-size varmint load out to 50-60yds. with quite good accuracy. I know my targets of opportunity start looking awfully small out there and the traj. is pretty loopy beyond. Good hits then depend so much upon proper range estimation. The fact is that the stubby little bullets we use in the 32-20 are poor in BC and not the long range type. The reason I suggested the little known 310 Martini Cadet is that it used a much better BC bullet and weight to longer range and effect. A good BC bullet shape in a similar weight, if the twist will support it, would be a dandy, though you cant likely depend on enough velo for reliable expansion.
FWIW, the British had a good handle on many of the smaller calibers for field and sport. They had to adopt to the increasing population density and fewer opportunities for larger game much sooner than we; evidence the marvelous Rook & Rabbit rifles and the 'bigger than 22LR' and 'smaller than 44cal.' cartridges developed for them.