Politics is a game of chance, and Lyndon Johnson, a consummate politician, knows that his chances of becoming the Democratic presidential candidate next year are all but nil. Last week, though, he was out of Texas for the first time this season on a fast, six-day political tour, looking very much like a candidate who is running hard and expects to win.

Johnson's first stop was Morganfield, Ky., for a luncheon huddle with Governor Bert Combs and ex-U.S. Senator Earle Clements. A probable conversational topic: Clements' appointment as Kentucky's commissioner of highways—a strategic spot where Kingmaker Clements can control...

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