THE PRESIDENCY: Roses with a Touch of Ragweed

These are days of wine and roses for Republicans. But even in the elegant parlors of the party stalwarts, the flavor is often more of vinegar and ragweed.

They see a chance to seriously challenge Jimmy Carter in 1980. But Ronald Reagan sits astride the G.O.P. apparatus. "Can you imagine what it is going to be like?" sighed one of the young bucks recently. "Our candidate will be 70 years old with orange hair and a face lift." The most popular contender in the party is Gerald Ford. "There he was," reported the...

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