WI: Barry Goldwater loses to Ernest McFarland in the 1952 Senate race?

In 1952 Arizona Senator and Senate Majority Leader Ernest McFarland lost to Barry Goldwater in a very close election 6,725 votes out of roughly 260,000 cast (~2.6%). If a few percentage points had swung McFarland's way he could have won.

My question really is 3:

1.) How would this affect Barry Goldwater and his future followers? His idiosyncratic had ideas inspired both Reagan and Hillary Clinton to support him in 1964, Reagan got his start in politics by giving a speech for Goldwater. While their personal entries are butterflied away, they themselves are not. Will they find a way into politics? Will Goldwater try again in 56/58? Or will he not run and try his hand at getting his views out there?

2.) How would this affect McFarland, he was the Senate Majority Leader at the time, after his defeat he went to become Governor and the Chief Justice of the Arizona Supreme Court. Obvious that is butterflied away, what will he do with a third term under his belt? Will he run in 1958? Or even President/Vice-President in 1960/64?

3.) How will the Senate be affected? With one more Senator on the Democrat's side the Senate is split 48-48, with Vice-President Nixon controlling the Tie-Breaker. However, the Republicans only held 47 seats, the 48th member was Independent Senator Wayne Morse who was both pro-New Deal, and pro-Stevenson. Will he switch over to the Democratic Party earlier then OTL? Another matter is the Senator Democratic Leader, will McFarland still be Majority Leader? Or was Johnson going to find a way to become it anyways?
 
One interesting that popped into my head. lLyndon Johnson does not get to be majority leader. I don't think he is a serious candidate for president. h He is not JFK's running mate. jJFK may lose.
 
I'm fairly certain, though I couldn't give you a source at the moment, that Goldwater didn't really plan on winning the senate race in 1952. Rather, he was planning to use it as a means of gathering name recognition to run for another office in Arizona, either the governorship or the other senate seat. Even if he does end up in the senate his career there as we know it is probably butterflied away, which I think Goldwater would have been okay with.

Of course that means Buckley & Co. have to find another conservative to use as the face of the movement. Roman Hruska comes to mind, but he'd be an even bigger disaster than Goldwater, if you can believe it.
 
One interesting that popped into my head. lLyndon Johnson does not get to be majority leader. I don't think he is a serious candidate for president. h He is not JFK's running mate. jJFK may lose.

That's still a "Hit Your Mark" History scenario. JFK may not win the nomination. JFK may not run. JFK may be the VP nominee in 1956 and discredited by a loss. JFK may not come close to VP nomination in 1956, meaning he is not set up for 1960. Etc. Etc.

With the Goldwater issue and the Johnson issue, this little change could set up a rather different 1960s.
 
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