He also gave up the name of Robert Sterling Clark, a Singer Sewing Machine heir who’d paid for MacGuire’s to visit Europe to study Fascist paramilitary groups.īutler agreed to meet with Clark near his home. Murphy, a wealthy investor with interests in the J.P. He then tried to bribe Butler with a stack of thousand dollar bills.īutler began asking him about his financial backers. Two months after their first meeting, MacGuire caught up with Butler at an American Legion convention in Newark and pressed him about rounding up veterans for the Chicago convention. Jerry MacGuireīutler learned more about MacGuire, a bond salesman from Connecticut, over the course of several meetings. Bankers, on the other hand, feared Roosevelt’s inflation would erode the value of their millions.īutler later said he smelled a rat. He hoped to reverse the deflation that had ravaged farmers and small businessmen who couldn’t repay their debts. dollar off the gold standard in April 1933, a month after he took office.
In China in 1927 I helped see to it that Standard Oil went on its way unmolested. I helped make Honduras right for the American fruit companies in 1903. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902–1912. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped make Mexico and especially Tampico safe for American oil interests in 1914. In short, I was a racketeer a gangster for capitalism. I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. Four years later he looked back on his career in the November 1935 issue of the magazine Common Sense. Passed over for promotion to commandant of the Marines, Butler retired in 1931. He was also known as the Maverick Marine for his clashes with civilian authorities and his controversial opinions. Charismatic and outspoken, his men nicknamed him Old Gimlet Eye. He became the youngest major general in the Marines at the age of 48. In his 33 years with the Marines, he received five medals for bravery and the Medal of Honor twice. Smedley Butler joined the Marines at 16 after the USS Maine blew up in Havana Harbor. “The Business Plot reminds us that threats to democracy have defined our past as much as they threaten democracy’s future,” concluded Stone. But he argues that it shouldn’t be overlooked. Butler, Anti-Democratic Dissidence, and the Recession of the American Right 1932-1936. Historical coverage of the Business Plot is thin, notes Grant Hamilton Stone in his 2021 thesis, Smedley D. Butler knew a coup when he saw one – because he’d engineered them on behalf of the same capitalists who wanted to replace the president with a dictator. Roosevelt was an outspoken military hero: Smedley Butler.
The star witness in the hearing on Wall Street’s efforts to oust Franklin D.
#SMEDLEY BUTLER THREAT SERIES#
McCormack’s committee held hearings on a series of Fascist activities in the United States. “ It was the last thing in the world I wanted to be chairman of, but I’m a soldier,” he told in interviewer in 1977. McCormack honed his political chops with the Boston Irish political machine, and he knew a bad assignment when he saw one. German American Bund parade on East 86th St., New York City, 1939
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