--- title: "Meet the Marine general who allegedly stopped a US government takeover" description: "In 1933, a certain group of wealthy businessmen were very upset at the idea of Franklin D. Roosevelt being elected President. These titans of American industry thought the U.S. would be better off with a Fascist-style government akin to Nazi…" date: "2018-04-02" modified: "2020-10-21" authors: - name: "Blake Stilwell" job_title: "Editor-In-Chief, Air Force Veteran" link: "https://www.wearethemighty.com/authors/blake/" url: "https://www.wearethemighty.com/articles/smedley-butler-business-plot/" categories: - "History" --- # Meet the Marine general who allegedly stopped a US government takeover ![]() In 1933, a certain group of wealthy businessmen were very upset at the idea of Franklin D. Roosevelt being elected President. These titans of American industry thought the U.S. would be better off with a Fascist-style government akin to Nazi Germany or Fascist Italy. --- ![]() But America thought Hoover sucked. So these early one-percenters teamed up to allegedly [overthrow]() the government and FDR's impending New Deal reforms. And while newspapers at the time called it a "gigantic hoax," a House of Representatives Committee found the allegations "credible," [according]() to Today I Found Out. The conspirators included the leaders from Maxwell House coffee, General Motors, Standard Oil, Goodyear, DuPont, Chase Bank, and famously, Prescott Bush, forerunner of America's own Bushes 41 and 43. They also included the President of Heinz... And we make fun of Canada for using mayo instead of Ketchup. https://www.youtube.com/watch?v=PYzOFfl2c-M But Americans don't change governments through coups d'état. And because of then-retired Maj. Gen. [Smedley Butler](), America never has. A two-time Medal of Honor recipient, Butler was also a patriot and a fan of FDR. Butler supported the rights of veterans from the First World War to receive their promised benefits early, given the state of the economy at the time. Those veterans marched on Washington in a demonstration as a group now known as the Bonus Army. In 1932, Butler was a widely respected military figure, along the lines of how [Colin Powell]() is thought of today. When Hoover ordered Gen. Douglas MacArthur to destroy the makeshift camps of the [Bonus Army](), Butler threw his support to Roosevelt in the election of that year. ![]() *Newspapers were accordingly kind to Hoover for that one.* As the story goes, the businessmen planned to raise a coup army of 500,000 men through various [American Legion]() posts, and then present Roosevelt with an ultimatum which would end with Butler holding absolute power with Roosevelt as a figurehead. ![]() *I can't imagine where some businessmen acquired a reputation for evil.* The businessmen failed to anticipate Butler's reaction to the plot. If they had even tried to anticipate this, they would have noticed Butler actually was a vocal supporter of FDR. Butler let Congress in on the business plot in 1934 and the conspirators avoided being charged for their disloyalty to the United States. Congress appointed the McCormack-Dickstein Committee to investigate. They found the plot actually did exist, but never made it past the planning stage. The conspirators were still not brought up on charges, even though asking a Marine general to lead the coup seems as if it's well beyond the planning stage. ### NOW: [5 wild conspiracies that turned out to be true ]() ## Author Blake Stilwell is We Are The Mighty's Editor-in-Chief, covering military news, entertainment, and history, along with veteran education, employment and entrepreneurship. He is a former U.S. Air Force combat cameraman with degrees in Graphic Design, Television and Film, International Relations, Public Relations, Business Management and Middle Eastern Affairs. After leaving the military, he began working in film and television production in New York and Los Angeles, work that included ABC News, NBC Olympics, and HBO Sports. He then spent two years in Washington with White House Communications, before joining the Near East Foundation. At NEF he served as an International Development Fellow, then Communications Officer, and finally, Media Officer for the Middle East and Africa. Based in the Palestinian Territory, he coordinated strategic communications between eight country offices, international media, and government and NGO partners. He began a career focused on writing and editing in 2015 with We Are The Mighty. He left in 2019 for Military.com, but returned as Editor-in-Chief in 2025. Blake’s work has been seen on CBS News, Fox News, CBC, The Chicago Tribune, Task & Purpose, Military Times, Recoil, Skillset, American History, and was shockingly even used in a Supreme Court argument. He is an avid traveler and small business owner in Ohio, where he spends most of his energy fixing up a very old house. ### Author social links [Facebook]() [Twitter]() [Instagram]() [LinkedIn]()