Business Plot of 1933

Business Plot of 1933

The wealthiest businessmen of America, like the names you see on banks and buildings in America today, allegedly formed a plot to overthrow President FDR and install a military leader in his place. Their choice was a U.S. Marine General named Smedley Butler, as he was a decorated leader of the highest rank. Butler, a loyal patriot, played along until they were seriously about to attempt to collapse the U.S. economy by holding the financial stability of the country hostage. He rolled on them and testified to Congress about the planned coup. No one was prosecuted.

Previous Fact Next Fact
Categories: CountriesMilitary

Latest FactRepublic Video

15 Most Controversial & Costly Blunders in History

Sponsored Links