"I don't want to rust out. I'll rather wear out." - President Fritz Hollings on why he decided to run for a third term.
1968 United States presidential election
Gov. Nelson A. Rockefeller/Gov. James "Jim" Rhodes (Republican): 261 EV, 27,520,860 votes (43%)
Pres. Ernest "Fritz" Hollings/VP Hubert H. Humphrey (Democratic): 260 EV, 28,024,368 votes (44%)
Gov. George C. Wallace/Gen. Curtis LeMay (American Independent): 17 EV, 8,026,328 votes (13%)
As he saw state after state go to Governor Rockefeller, President Hollings wondered if it was indeed a grave mistake to run for a third term, as was constitutionally possible since he served less than half of JFK's term. Hubert expressed concern that the voters wouldn't be willing to give him a third term, and he dismissed it as merely his angling to run in '68, thinking he could stand to wait until 1972.
With Wallace announcing his independent campaign, Hollings briefly worried about holding on the South but he stopped once he saw the Republican nominee, the ultimate "Rockefeller Republican", Governor Rockefeller himself. No way would he gain in the South. His re-election was assured. That confident assuring was a far cry from the broken man who saw state after state go blue.
But fate, that fickle mistress, started to smile upon the shattered President once more, as California went to him. Then Washington. Hawaii, Michigan. It was increasingly clear that Rockefeller stood no chance of winning an electoral majority. The President's eyes began to brighten again as he realised that Wallace basically had no choice. Either him or the most liberal Republican in history.
Unfortunately, things wouldn't go that smoothly as liberal Democrats in Congress became restless, and Humphrey would sit as Acting President for more than a year, but in the end Hollings got his coveted third term and was sworn in as President once more in 1970. The taste of power Humphrey got for a brief moment only made him more sure that he had to run for the Presidency in '72...