![]() Army cavalry troops under the command of General Douglas MacArthur destroyed their camps.īy 1933 Butler started denouncing capitalism and bankers, going on to explain that for 33 years he had been a “high class muscle man” for Wall Street, the bankers and big business, labeling himself as a “racketeer for Capitalism. A few days after Butler’s arrival, President Herbert Hoover ordered the marchers removed, and U.S. The Bonus Army was encouraged by an appearance from retired Marine Corps Major General Smedley Butler as a popular military figure of the time, Butler had some influence over the veterans. ![]() Waters, a former Army sergeant, led this “ Bonus Army“. “It urged the American Legion convention to adopt a resolution calling for the United States to return to the gold standard, so that when veterans were paid the bonus promised to them, the money they received would not be worthless paper.”Ī year earlier, on July 17, 1932, thousands of World War I veterans converged on Washington, D.C., set up tent camps, and demanded immediate payment of bonuses due to them according to the World War Adjusted Compensation Act of 1924 (the original act made the bonuses initially due no earlier than 1925 and no later than 1945). MacGuire left a typewritten speech with Butler that they proposed he read at the convention. He stated that they offered to get hundreds of supporters at the American Legion convention to ask for a speech. ![]() On July 3 or 4, Butler held a second meeting with MacGuire and Doyle. Butler stated that he was asked to run for National Commander of the American Legion. Bill Doyle was commander of the Massachusetts American Legion. MacGuire was a $100-a-week bond salesman for Grayson Murphy & Company and a member of the Connecticut American Legion. On July 1, 1933, Major General Smedley Butler met with MacGuire and Doyle for the first time. Henry Makow’s diagnosis that it was merely a bankers ruse to drum up support for their puppet, FDR. A final report by a special House of Representatives Committee (McCormack-Dickstein Committee (1934–1937)) confirmed most of Butler’s testimony, but what was the real story? The first 2 pages here outline the official story and page 3 is Dr. The individuals involved all denied the existence of a plot and the media ridiculed the allegations. However this coup was disrupted by Butler’s integrity and willingness to be one of the military industrial complex’s first whistle-blowers. An outstanding Major General of the Marine Corps, Smedley Butler, became involved in a controversy known as the Business Plot, when he told a congressional committee that a group of wealthy industrialists (including Goodyear, US Steel, JP Morgan, Heinz, and Maxwell House) were planning a military coup to overthrow the US government & FDR, with Butler selected to lead a march of veterans, install a Fascist dictatorship ruled by business magnates with a private army of half a million US soldiers.
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