Item: the bill before Congress to make capacitite a government monopoly like uranium, and to enforce all security restrictions on it, had been sent back to committee and would probably not pass. A few senators had had the nerve to point out that security was pointless when everybody could already make the stuff.
Item: the government was setting up a special laboratory to study the military applications. Arch could think of several for himself. Besides simplifying logistics, it could go into cheap and horrible weapons. A bomb loaded with several thousand coulombs, set to discharge instantaneously on striking—
Item: a well-known labor leader had denounced the innovation as a case of business blundering which was going to take bread from the working man. A corporation spokesman declared that it was all a leftist trick designed to cripple the private enterprise system.
Item: Pravda announced that Soviet scientists had discovered capacitite ten years ago and that full-scale production had long been under way for peaceful purposes only, such as making the Red Army still more invincible.
Item: two more men in America electrocuted due to incautious experiments. Nevertheless, capacitite was being manufactured in thousands of homes and workshops. Bills in various state legislatures to ban vehicles so powered were meeting indignant opposition everywhere save in Texas.
Arch reflected wryly that he wasn't getting paid for any of this. All he'd gotten out of it so far was trouble. Trouble with the authorities, with crank letters, with his own conscience. There were, to be sure, some royalties from Bob Culquhoun, who was becoming quite an entrepreneur and hiring adults to take over when school opened in fall.
Speaking of tigers by the tail—
Autumn, the New England fall of rain and chill whistling wind, smoky days and flame-like leaves and the far wild honking of southbound geese. The crash came in late September: a reeling market hit bottom and stayed there. Gasoline sales were down twenty-five percent already, and the industry was laying men off by the hundreds of thousands. That cut out their purchasing power and hit the rest of the economy.
"It's what you'd expect, laddie," said Culquhoun. They were over at his house. Outside, a slow cold rain washed endlessly down the windows. "Over production—over-capitalization—I could have predicted all this."