The popular incumbent is re-elected by a record margin to a third term<br >as governor， and immediately the talk begins that he should be running<br >for president.<br > This is the same governor who was thrown out of office in an upset<br >at the end of his first term and was forced to make a comeback after<br >spending time in political exile. Well， he learned a lot in exile and did<br >come back， winning his old job back and then winning it again for a total<br >of three terms， two of them in a row.<br > The incumbent president is not seeking re-election so the job is open，<br >and candidates have been lining up on both sides for a crack at it. The<br >presidential primaries promise to be long and tough， but people around<br >this governor think their man can be a player in this political scenario.<br > No， this is not Democratic Gov. Michael Dukakis and the year is not<br >1986. The year is 1966， and the governor is Republican John A. Volpe.<br >Bat the political situation now bears an eerie resemblance to that two<br >decades ago when Volpe， dreaming about a possible shot at the presidency，<br >came close to becoming Richard Nixon s vice president.<br > Volpe was first elected governor in 1960， defeating Democrat Joseph<br >D. Ward by 52.5 to 46.8 percent of the vote. Seeking re-election in 1962，<br >when the term of the governor was only two years， and when the lieuten-<br >ant governor was elected separately， Volpe was defeated in a surprising<br >upset by Democrat Endicott "Chub" Peabody in a close fight. Volpe got<br >49.7 percent of the vote to Peabody s 49.9.<br > This is the same Peabody， by the way， who was beaten by incumbent<br >Republican U.S. Sen. Warren Rudman for the Senate in New Hampshire<br >Tuesday.<br > Peabody served for two years before he was beaten by then-Lt. Gov.<br >