U.S. Senator
As U.S. Senator, Douglas soon earned a reputation as an unconventional liberal, concerned as much with fiscal discipline as with passing the
Fair Deal. He was also a passionate crusader for civil rights (Dr.
Martin Luther King Jr. described him as "the greatest of all the Senators"). At the opening of the
85th Congress in January 1957, a session that would see the passing of the
Civil Rights Act of 1957 in September, Douglas was the only senator to defy custom and vote against the confirmation of segregationist
James Eastland as the chairman of the Judiciary Committee. Douglas also earned fame as an opponent of
pork barrel spending. Early in his first term, he grabbed headlines when, magnifying glass and atlas in hand, he strode to the Senate floor and, referring to a pork barrel project for the dredging of the
Josias River in Maine, defied anyone to find the river in the atlas. When Maine's
Owen Brewster objected and pointed out the millions of dollars in pork going to Illinois, Douglas offered to cut his state's share by 40%. Upon joining the Senate, Douglas was appointed a member of the
Joint Economic Committee. In that capacity, in the late 1940s and the early 1950s, he emerged as the central figure in the famous accord between the Federal Reserve and the U.S. Treasury which provided the Federal Reserve with its independence from the Treasury, an independence that has lasted until the present day. Prior to the accord, the Federal Reserve's policy rates were determined by the Treasury. His criticisms of the dependency of the Federal Reserve on the Treasury led to his picture appearing on the cover of Time magazine on January 22, 1951. A profile of him in that issue was entitled “The Making of a Maverick.” Subsequently, as chair of the Joint Economic Committee, he led a series of hard-hitting investigations into fiscal mismanagement in government. In 1952 he was elected as a
Fellow of the American Statistical Association. As the
1952 presidential election approached, a groundswell of support arose for a Douglas candidacy for president. The
National Editorial Association ranked him the second-most-qualified man, after Truman, to receive the Democratic presidential nomination, and a poll of 46 Democratic insiders revealed him to be a favorite for the nomination if Truman stepped aside. Douglas, however, refused to be considered as a candidate for president, instead backing the candidacy of Senator
Estes Kefauver of Tennessee, a folksy,
coonskin cap-wearing
populist who had become famous for his televised investigations into
organized crime. Douglas stumped across the country for Kefauver and stood next to him at the
1952 Democratic National Convention when Kefauver was defeated by Illinois Governor
Adlai Stevenson II. Four years later, in 1956, he remained publicly neutral, feeling that openly opposing Stevenson's drive for the nomination and supporting Kefauver would damage his standing with his state party. In addition to his battles for equal rights for African Americans and less pork barrel spending, Douglas was also known for his fights for environmental protection, public housing, and
truth in lending laws. He opposed real estate
redlining but was forced to allow a 1949 provision in a public housing bill making it possible for suburbs to reject low-income housing. He also authored the Consumer Credit Protection Act, a bill that forced lenders to state the terms of a loan in plain language and restricted the ability of lenders to discriminate on the basis of gender, race, or income. Although the bill was not passed during his term of office, it became law in 1968. As a believer in
Georgist economics, Douglas regretting not being able to do more to advance
land value tax while in the Senate. Douglas told
Mason Gaffney that he even regretted leaving local politics, where he saw more opportunity to implement Georgist ideas. In his memoirs, Douglas perhaps jokingly asked
Saint Paul to forgive him for his silence in the Senate on what he considered to be the important land values problem. Unlike some other liberals, Douglas was an opponent of a
national health insurance program, claiming the
Wagner-Murray-Dingell bill supported by President
Harry Truman went too far. Douglas was an ardent supporter of the disproven cancer drug
Krebiozen, and in the early 1960s sponsored senate hearings in support of the discredited treatment. == Defeat and retirement ==