
History Unplugged Podcast
Scott RankHow Industrialists Plotted to Overthrow FDR Over The New Deal in 1934
May 21, 2019 ● 38 minShare this episode
Perhaps the strangest episode in opposition to the New Deal came from a group of financiers and industrialists, who in 1934 allegedly plotted a coup d’état to prevent FDR from establishing what they feared would be a socialist state. Though the media regarded it as a tall tale, retired Marine Corps major general Smedley Butler testified before a congressional committee that the conspirators had wanted Butler to deliver an ultimatum to FDR to create a new cabinet officer, a “Secretary of General Affairs,” who would run things while the president recuperated from feigned ill health. If Roosevelt refused, the conspirators had promised General Butler an army of five hundred thousand war veterans who would help drive Roosevelt from office.
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