In the euphoric aftermath of his upset victory over Illinois' three-term Sena tor Paul Douglas last fall, Charles Percy tramped the executive suites in search of a fellow Republican who might un seat Chicago's seignorial mayor, Rich ard Daley. One after another, the big-name businessmen he approached turned Percy down. Most of the G.O.P.
noncandidates told him that they supported Daley.
Eventually, Percy and other top Republicans were forced to find a sacri ficial lamb. Last week the lamb was ritually slaughtered as Daley, 64, walked off with his fourth term by a...