Although no one was prosecuted, the congressional committee final report said, "there is no question that these attempts were discussed, were planned, and might have been placed in execution when and if the financial backers deemed it expedient."Įarly in the committee's gathering of testimony most major news media dismissed the plot, with a New York Times editorial characterizing it as a "gigantic hoax". 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. Retired Marine Corps Major General Smedley Butler testified under oath 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. Roosevelt and install Smedley Butler as dictator. The Business Plot (also called the Wall Street Putsch and The White House Putsch) was a political conspiracy in 1933, in the United States, to overthrow the government of President Franklin D. ![]() The plot planned to install Brigadier General Smedley Butler as dictator of the United States. ![]() JSTOR ( December 2022) ( Learn how and when to remove this template message).Unsourced material may be challenged and removed. Please help improve this article by adding citations to reliable sources. This article needs additional citations for verification.
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