(Continuation of the March 1 post.)
There's some further information on this issue:
1) The organizers had set unrealistically high guaranteed prizes. They would have been unlikely to have broken even - even if there had been no hurricanes and the weather had been perfect.
2) They had not done unusual publicity to boost the attendance, meaning
3) The guaranteed prize fund was their publicity and they just used the hurricane warning as an excuse to pull it.
4) The USCF delayed action on this until after the election so that the appearance of political manipulation could be avoided.
These are pretty substantial arguements on the other side of this issue. In light of this, the organizers really ought to explain themselves to the chess public.