The 1955 New Jersey Senate elections were held on November 8.
The elections took place midway through the first term of Governor Robert Meyner. Eleven of New Jersey's 21 counties held regular elections for Senator. The Democratic Party gained Camden, Essex and Salemcounties.
Barnes challenged Anton and the county party establishment with a "Good Government" ticket that included four incumbent Assembly members.[2] They were defeated in a rancorous primary, and Barnes lost by about 3,222 votes.[2]
In a race later dubbed the "Battle of the Billionaires,"[3][4] Malcolm Forbes narrowly defeated Charles Engelhard.
The Democratic Party targeted Forbes in an effort to stave off a challenge to Governor Meyner in 1957. Forbes, who had already run for governor in 1953 and possessed a large fortune, was expected to be able to self-fund a serious challenge to Meyner. Thus, they recruited Engelhard, a wealthy industrialist who had been a major contributor to the Democratic Party.
Although state election disclosure laws at the time did not require candidates to report spending on their own behalf, some observers as of 2013 believed this to be the most expensive state legislative contest in history.[5] Engelhard spent freely to match Forbes. Forbes owned his own local newspaper, the Messenger Gazette, so Engelhard bought out the Somerville Star to serve as his campaign bulletin.[5] At one point during the campaign, Engelhard reportedly campaigned by sailing his yacht down the Raritan River wearing a white naval uniform.[5]
Forbes survived a challenge and recount.[5] Engelhard reportedly felt the loss was a blessing in disguise, as it allowed him to focus his efforts on his vast industrial empire. He later became the inspiration for the James Bond villain Auric Goldfinger.[6]
Forbes ran for Governor in 1957 and secured the Republican nomination but lost to Meyner by over 200,000 votes.
