The Business Plot was an alleged political conspiracy in 1933. Retired Marine Corps Major General Smedley Butler claimed that wealthy businessmen were plotting to create a fascist veterans' organization and use it in a coup d'état to overthrow United States President Franklin D. Roosevelt, with Butler as leader of that organization. In 1934, Butler testified to the Special Committee on Un-American Activities Congressional committee (the "McCormack-Dickstein Committee") on these claims. In the opinion of the committee, these allegations were credible. No one was prosecuted.
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. Contemporaneous media dismissed the plot, with a New York Times editorial characterizing it as a "gigantic hoax". When the committee's final report was released, the Times said the committee "purported to report that a two-month investigation had convinced it that General Butler's story of a fascist march on Washington was alarmingly true" and "It also alleged that definite proof had been found that the much publicized Fascist march on Washington, which was to have been led by Major. Gen. Smedley D. Butler, retired, according to testimony at a hearing, was actually contemplated."
Read more about Business Plot: McCormack–Dickstein Committee, Contemporary Reaction, Later Reactions, Sources and Further Reading
Famous quotes containing the words business and/or plot:
“The most sensible people to be met with in society are men of business and of the world, who argue from what they see and know, instead of spinning cobweb distinctions of what things ought to be.”
—William Hazlitt (1778–1830)
“Ends in themselves, my letters plot no change;
They carry nothing dutiable; they won’t
Aspire, astound, establish or estrange.”
—Philip Larkin (1922–1986)