All through 1994, Jack Kemp traveled the country helping local Republican candidates while collecting chits for his own presidential bid, which he planned to make in 1996. In late October he was in Birmingham, Alabama. The overflow crowd had come to hear the most publicly irrepressible and optimistic G.O.P. politician since Teddy Roosevelt, and for a time, Kemp delivered as promised. His old football stories were laced with lessons: "I learned about the market's power when I was traded to the Buffalo Bills for $100." His tales recalled the Gipper's golden age: "The world changed because Ronald Reagan had the courage...
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