Chapters (35)
One of the most vicious firelights of the night was in Los Angeles, where nearly 100 residents of the Palms district banded themselves together into an armed ‘food-looting force.’ They successfully raided two supermarkets with a convoy of seventy station wagons and trucks, and they were about to attack a large Quik-Serv store on Culver Boulevard when they were ambushed by 150 officers of the Los Angeles Police. Fifteen of the looters were shot dead, twenty-eight wounded, and nine policemen suffered serious bullet-wounds. At one time, the crackling of gunfire across the front of the supermarket was so loud that it could be heard in Westchester.
There were plenty of profiteers, of course. In San Francisco, where the Mayor had so far only imposed a midnight curfew, stores were brightly lit and wide-open, and selling cans of corned beef at six dollars and fifty cents a can. Canned vegetables were at a premium, with a single can of spinach selling at anything from four dollars upwards, and fresh vegetables, from the few farms which had been left unscathed by the blight, were Mike diamonds.’ One fresh lettuce, at a supermarket on Stockton Street, was selling for twelve dollars and fifty cents. A middle-aged man was shot dead by San Francisco policewomen when he tried to escape from a small neighbourhood store with three cans of lima beans in his pockets.
As Tuesday turned to Wednesday, the confusion and the terror grew. Only the President’s continual reassurance that ‘everything will work out’, along with the forced optimism of the television news programmes, kept the nation from total hysteria. Shortly after midnight, though, the President issued an Executive Order that all banks and savings banks would be closed until further notice, and that the public sale of silver and gold bullion was to be suspended. No financial assets could be sent out of the United States in any form whatsoever, except to meet previously-contracted debts. On the stock exchange in Tokyo, where the time was already 2.30 p.m. in the afternoon of Wednesday, the dollar collapsed against the Yen to 102.30, and it was only after ‘limitless guarantees’ from the Federal Reserve Bank and the International Monetary Fund that it steadied at ¥ 120.25.
A thoughtful and dignified editorial in the New York Times balanced the frightening story from Bill Brinsky on the front page by saying, ‘We are all about to live through this nation’s most testing days. Let us show the world at least what our courage is made of, what our resolve is made of, and how the great ideal of a free democratic society can meet up to the most tragic and disastrous circumstances that Nature or Man can devise.’