Taylor Opts Out of GOP Race, Endorses Dole

Associated Press

Millionaire tire magnate Morry Taylor gave up his little-noted run for the Republican presidential nomination Friday, endorsed Sen. Bob Dole of Kansas and urged other rivals to withdraw too.

"Most of them have admitted that there is no chance to get" the nomination, said Taylor, who earned no delegates and about 7,000 votes, about 1% of the total in the primaries in which he ran. He urged Patrick J. Buchanan and Steve Forbes to follow his lead and get out of the race.

Taylor, 51, spent $6.5 million of his own money on the race.

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