National Affairs: Run

Early one morning last week, in front of the Postoffice Building at West Palm Beach, Fla., anxious and excited blackmen stood in uneasy groups, scratched woolly nobs, scuffed broken-toed shoes. The night before, Darktown had heard a rumor, caught it up, passed it on like the sweeping flame of a forest fire; the Government was "going broke!" In ten days, six banks had failed;* the Government had deposited postal receipts in banks; all thrifty blackmen had dollars in postal savings. Two hours later when the doors opened, thousands of blackmen shoved to get...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!