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Business Plot

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The Business Plot (also called The White House Putsch)[1][2] was a political conspiracy in 1933 in the United States to overthrow the government of President Franklin D. Roosevelt and install a dictator.[1] Retired Marine Corps Major General Smedley Butler asserted that wealthy businessmen were plotting to create a fascist veterans' organization with Butler as its leader and use it in a coup d'état to overthrow Roosevelt. In 1934, Butler testified under oath before the United States House of Representatives Special Committee on Un-American Activities (the "McCormackDicksteinCommittee") on these revelations.[3] No one was prosecuted.

At the time of the incidents, most major news media dismissed the plot, with a New York Times editorial characterizing it as a "gigantic hoax".[4] While historians have questioned whether or not a coup was actually close to execution, most agree that some sort of "wild scheme" was contemplated and discussed.[5][6][7][8]

References

  1. 1.0 1.1
  2. NPR interview with Sally Denton, author of the book: When The Bankers Plotted To Overthrow FDR
  3. Schlesinger, p. 85
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  4. Schmidt p. 226, 228, 229, 230
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  5. Schlesinger, p. 83