I cannot see any way that IC1 could draw sufficient current to blow up R1 and drop V+ to 1.4V, through any normal fault mechanism, with the component values given..
There is, as far as I can see, only three possible mechanisms - (1.) Low resistance wrongly connected to a pin (particularly an output) or (2.) Excessive current drain through the supply pins of the IC (3.) Supply connected to wrong pins.
I suggest some unlikely "possibilities" below - but really doubt that they will be the problem:
Sometimes ICs can go unstable and draw excessive current - but to draw this much current would require major instability and I would have expected you to smell the IC burning up (unless you were distracted by the smell of R1 burning up).
Sometimes one can get duff IC's - Particularly if bought from some ebay type vendor.. If socketed, and you have confirmed that everything seems to measure correctly (power up the Theremax without IC1 fitted, and check the voltages on each pin - most should be easy to work out... Get a 2k2 resistor, connect this to 0V, take the other end to a wire connected to a probe .. when checking a pin, probe with this resistor - you should see the voltage at that pin drop when the resistor is connected - if it doesnt drop, this is suspect!