The Governorship of New York is commonly considered second in importance only to the Presidency of the U. S. New York is the most populous State (12,588,000), most wealthy ($40,708,000,000), most costly to run ($310,777,000). It holds the economic heart of the nation. Its citizens pay one-third of the total Federal income tax. Three of its 44 Governors—Van Buren, Cleveland, Roosevelt—have proceeded to the nation's No. 1 job. Four others—Seymour, Tilden, Hughes, Smith—ran for the Presidency.

Last week Job No. 2 had New York's political...

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