I was in Southern Baptist churches and attended a Southern Baptist seminary, all in the early to mid-1970s, and don't recall any discussion of the issue at all. I would say most of us took for granted that some gifts continued but that the extreme manifestations were mostly or entirely bogus, pretty much because they looked mostly or entirely bogus. (I attended one Pentecostal speaking-in-tongues session, could hardly keep from giggling, and was astounded anyone took it seriously.)
An SBC blog that discusses the more recent debate seems to describe what I experienced:
The simple fact is that a small number of us in this Baptist debate are at the end of the Cessationist side of the continuum, and almost none of us are at the continuationist extreme. Even some who argued counter to my position admitted they do not completely reject the charismata or the subjective voice of God. I have argued forcefully for the subjective voice of God still being present today and that the Spirit still manifests himself in the church today, as he wills, in the ways described in 1 Corinthians 12. But if I had to plot myself on a graph, I would be much closer to the cessationist extreme on many issues than I would be on the continuationist extreme.
As is the case in most blogging debates, by the time we have discussed something for a few rounds, there is an assumption that the two sides are wildly far apart. That is the nature of blogging. We…
sbcvoices.com
The extreme manifestations seem to me to be what the debate is all about. Hardline cessationism almost forces one into the corner into which Aunty Jane paints herself: "Even if I myself experience the gifts, it's all demonic."