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The '''Business Plot''' (also called '''The White House Putsch''')<ref name="WP-20210113">{{cite news|last=Brockell|first=Gillian|title=Wealthy bankers and businessmen plotted to overthrow FDR. A retired general foiled it.|url=https://www.washingtonpost.com/history/2021/01/13/fdr-roosevelt-coup-business-plot/|date=January 13, 2021|work=[[The Washington Post]]|access-date=January 14, 2021}}</ref><ref>[https://www.npr.org/2012/02/12/145472726/when-the-bankers-plotted-to-overthrow-fdr NPR interview with Sally Denton, author of the book: ''When The Bankers Plotted To Overthrow FDR'']</ref> was a political conspiracy in 1933 in the [[United States]] to [[Coup d'état|overthrow]] the center-left [[Social democracy|social-democratic]] government of President [[Franklin D. Roosevelt]] and install a right-wing fascist dictator.<ref name="WP-20210113" /> Retired Marine Corps Major General [[Smedley Butler]] asserted that wealthy businessmen were plotting to create a [[Fascism|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]] [[House Un-American Activities Committee#McCormack%E2%80%93Dickstein%20Committee%20(1934%E2%80%931937)|Special Committee on Un-American Activities]] (the "[[John William McCormack|McCormack]]–[[Samuel Dickstein (congressman)|Dickstein]] Committee") on these revelations.<ref name="Schlesinger, p. 85">Schlesinger, p. 85</ref> Interestingly enough, no one was prosecuted. | The '''Business Plot''' (also called '''The White House Putsch''')<ref name="WP-20210113">{{cite news|last=Brockell|first=Gillian|title=Wealthy bankers and businessmen plotted to overthrow FDR. A retired general foiled it.|url=https://www.washingtonpost.com/history/2021/01/13/fdr-roosevelt-coup-business-plot/|date=January 13, 2021|work=[[The Washington Post]]|access-date=January 14, 2021}}</ref><ref>[https://www.npr.org/2012/02/12/145472726/when-the-bankers-plotted-to-overthrow-fdr NPR interview with Sally Denton, author of the book: ''When The Bankers Plotted To Overthrow FDR'']</ref> was a political conspiracy in 1933 in the [[United States]] to [[Coup d'état|overthrow]] the center-left [[Social democracy|social-democratic]] government of President [[Franklin D. Roosevelt]] and install a right-wing fascist dictator.<ref name="WP-20210113" /> Retired Marine Corps Major General [[Smedley Butler]] asserted that wealthy businessmen were plotting to create a [[Fascism|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]] [[House Un-American Activities Committee#McCormack%E2%80%93Dickstein%20Committee%20(1934%E2%80%931937)|Special Committee on Un-American Activities]] (the "[[John William McCormack|McCormack]]–[[Samuel Dickstein (congressman)|Dickstein]] Committee") on these revelations.<ref name="Schlesinger, p. 85">Schlesinger, p. 85</ref> Interestingly enough, no one was prosecuted. | ||
Revision as of 18:50, 14 November 2021
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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 center-left social-democratic government of President Franklin D. Roosevelt and install a right-wing fascist 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 "McCormack–Dickstein Committee") on these revelations.[3] Interestingly enough, 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]