The Democrats had a good night nationally, picking up forty-nine House seats and four seats in the Senate, but we just couldn’t overcome Hammerschmidt’s enormous popularity and his last-minute push. When the campaign began, his approval rating was 85 percent. I had whittled it down to 69 percent, while mine had gone from zero to 66 percent, very good but not good enough. Everybody said I made a good showing and had a bright future. That was nice to hear, but I’d wanted to win. I was proud of our campaign and I felt that somehow I had let the steam go out of it in the last few days, and in so doing let down all the people who worked so hard for me and the changes we wanted to make. Maybe if I’d had the money and the sense to run effective television ads on the congressman’s voting record, it would have made a difference. Probably not. Nevertheless, in 1974, I saw firsthand, in thousands of encounters, that middle-class voters would support government activism to solve their problems, and those of the poor, but only if the effort was made with due care for their tax dollars, and if efforts to increase opportunity were coupled with an insistence on responsibility.
After I spent a few days traveling and calling around to thank people, I went into a funk. I spent most of the next six weeks at Hillary’s house, a nice place near campus. Mostly I just lay on the floor, nursing my regrets and trying to figure out how I was going to pay off my campaign debt of over $40,000. My new salary of $16,450 was more than enough to live on and pay off my law school debts, but nowhere near enough to cover the debt from the campaign. Sometime in December, there was a big band dance at the university, which Hillary coaxed me into taking her to. After we danced a few hours, I began to feel better. Still, it would be a good while before I realized the congressman had done me a favor by beating me. If I had won and gone to Washington, I’m sure I never would have been elected President. And I would have missed the eighteen great Arkansas years that lay ahead.
NINETEEN
I
n January 1975, I went back to my teaching, the only full year I did it uninterrupted by politics. In the spring term, I taught Antitrust and held a seminar in White-Collar Crime; in summer school, Admiralty and Federal Jurisdiction; in the fall, White-Collar Crime again and Constitutional Law. In Constitutional Law, I spent two full weeks onI made them delve deeper, because I thought then, and still believe, that