Republican Thompson out of presidential race

By Steve Holland

WASHINGTON (Reuters) - Republican Fred Thompson dropped out as a presidential candidate on Tuesday, ending a short-lived campaign that got off to a late start and never gathered much steam.

Thompson, a former Tennessee senator whose hangdog face is familiar to millions of Americans from his movie and television roles, pulled out of the race after finishing a distant third in South Carolina on Saturday and not doing well in New Hampshire and Iowa.

"Today I have withdrawn my candidacy for president of the United States. I hope that my country and my party have benefited from our having made this effort," Thompson said in a statement.

Speculation immediately centered on whether Thompson would endorse Arizona Republican Sen. John McCain or someone else. Both Thompson and McCain served in the Senate together and have strong stances on national security.

Thompson advisers doubted an endorsement was coming, at least in the short term and possibly not at all.

Many political pundits believe Thompson drew support away from former Arkansas Gov. Mike Huckabee in South Carolina, helping McCain to a narrow victory over Huckabee there.

In an MSNBC interview after Thompson pulled out, Huckabee said Thompson's departure would redound to his benefit and complained about Thompson's attacks on him in South Carolina.

"His being in the race had the biggest impact on me in South Carolina," Huckabee said. "We still feel like we would've won South Carolina if there had been a margin and Fred had not been there."