Prescott Bush and the Smedley Butler “Business Plot”
The BBC’s “Exposé” of Prescott Bush and
Wall Street’s Attempted Fascist Coup of FDR in 1934
Prescott Bush and the Smedley Butler “Business Plot”
Bush's Grandfather Planned
Fascist Coup In America
Verbatim [time 4:26] from John Buchanan:
“Some very shocking documents that I saw at the library of
Congress … had to do with the hearings of the MacCormickDickstein Committee of Nov 1934, show that Prescott Bush and
the Dupont Family, the Remington Family, and JP Morgan tried to
overthrow the US Government and assassinate FDR and put a
Hitler-style Fascist state in place. I have in my possession testimony
from the MacCormick-Dickstein Committee in Nov of 1934 by one
of the fascist plotters that they were going to follow Hitler’s model
exactly and impose martial law on the United States, round up
unemployed people that were worthless to the economy and
troublemakers and Jews and put them into internment camps and
their plan was if necessary to exterminate the people that could not
be part of the effort.”
Buchanan’s video continues:
“…Now you look at the Republican National Convention this
week [2004?] and you bring in Arnold Schwarzenegger to speak
last night. Schwarzenegger is the son of a Nazi, he has praised
Nazis, he has praised Hitler, he talked last night in terms like ‘we
will not falter, we will not waver, we will win this war on
terror.” Well that’s exactly the speeches that Hitler made after the
Reichstag fire; terrorism and the homeland being under attack are
precisely the issues that Hitler used to subvert everything within the
German system of government. This is a criminal regime, they not
only emulate Hitler but its genesis comes from Hitler and I defy
anyone … to come forward and disprove my premise that you
cannot differentiate Hitler’s invasion of Poland in 1939 and then
the Reichstag fire and his attempt to dominate the world from
George W Bush’s unprovoked invasion of Iraq and subversion of
the constitution through the Patriot Act after 911, which I submit is
his Reichstag fire. Karl Rove and his minions are every bit the
masters of Propaganda that Josef Goebbels was.
“They literally took lessons from Goebbels and Goering about how
to create such brilliant propaganda that unreality can become
reality and reality can be subverted to fantasy political subterfuge
right before your eyes. So there’s just an endless broken record that
is leading up to the present era that the Bush family has had a single
goal for a hundred years, which is to become the most powerful
family on the planet and to rule the world and they are on the
verge of doing that under George W. Bush.
“It’s critical that every citizen rise up and do … something; because
the day of reckoning is at hand at these people are Nazis, they are
practicing the Nazi philosophy, they are mimicking Nazi tactics,
and time is running out.”
--John Buchanan
Prescott Bush and the Smedley Butler “Business Plot”
Two Different Events
Buchanan’s web page (see Figure 9) asserts:
John Buchanan (video), Paul Joseph Watson (text) and the
BBC’s reporter, Mike Thompson (web) are, intentionally or
unintentionally, confusing two events that occurred during the
1930s and 40s:
According to the BBC, the plotters intended to impose a fascist
takeover and "Adopt the policies of Hitler and Mussolini to beat the
great depression."
The link, “According to the BBC” above takes us to the BBC
History page, “The Whitehouse Coup,” with Mike Thompson.
•
The “Business Plot, of 1933, in which various wealthy
businessmen were alleged to be planning to overthrow
FDR.
•
The seizure on October 20, 1942 of the Harriman Bank1
(operated by W. Averell Harriman, Democratic Party
politician and son of railroad baron E._Roland_Harriman,
Roland Harriman, and Prescott Bush) under terms of the
“Trading with the Enemy Act.”
This confusion begins when Buchanan, Watson, and the BBC
(Mike Thompson) allege that:
“… a group of influential powerbrokers, led by Prescott Bush, to
overthrow FDR and implement a fascist dictatorship in the U.S.
based around the ideology of Mussolini and Hitler.”
Mike Thompson, BBC
The BBC/Mike Thompson asserts (see Figure 10):
“The [1933] coup was aimed at toppling President Franklin D
Roosevelt with the help of half-a-million war veterans. The plotters,
who were alleged to involve some of the most famous families in
America, (owners of Heinz, Birds Eye, Goodtea, Maxwell Hse &
George Bush’s Grandfather, Prescott) believed that their country
should adopt the policies of Hitler and Mussolini to beat the great
depression.”
Para 1:
John Buchanan initiates the allegation with a video that states:
...“Now we will explore how an American branch of the Illuminati
aided and abetted Adolph Hitler...”
Brown Brothers Harriman & Co. (BBH) is the oldest and largest partnership bank in the United States.[citation
. The bank was founded by descendents of Northern Irishman Alexander Brown and railroader E.H. Harriman.
It is a private banks specializing in asset management, wealth management, securities brokerage, global custody,
banking, foreign exchange, mergers and acquisitions.[citation needed] The firm has 40 partners, over $43.9 billion in
assets, and employs over 3,500 people in fifteen locations around the world
1
needed]
Page 3 of 21
http://www.bbc.co.uk/radio4/history/document/document_20070723.shtml
Prescott Bush and the Smedley Butler “Business Plot”
The Confusion: Intentional or Accidental?
Meanwhile, on the PrisonPlanet web page, Paul Joseph Watson
writes:
To reiterate: Buchanan, Watson, and Thompson (BBC) are
conflating the Business Plot (1933) with the War Seizures
controversy (1940s).
Thompson (BBC) begins his examination of “proof” of Prescott
Bush’s complicity in the 1933 coup by traveling to the National
Archives in Washington DC. His narration states:
"…If these long-forgotten accounts can be relied on, I seem to be
looking at an attempt to set up a Fascist government in the land of
the free."
http://www.bbc.co.uk/radio4/history/document/rams/document_20070723.ram
“A BBC Radio 4 investigation sheds new light on a major subject
that has received little historical attention, the conspiracy on behalf
of a group of influential powerbrokers, led by Prescott Bush, to
overthrow FDR and implement a fascist dictatorship in the U.S.
based around the ideology of Mussolini and Hitler.”
Watson, the BBC, and Thompson clearly are asserting that
Prescott Bush was involved in the Smedley Butler “Business Plot”
of 1933.: “…led by Prescott Bush.”
Watson/PrisonPlanet continue:
“ In 1933, Marine Corps Maj.-Gen. Smedley Butler was approached
by a wealthy and secretive group of industrialists and bankers,
including Prescott Bush the current President's grandfather, who
asked him to command a 500,000 strong rogue army of veterans
that would help stage a coup to topple then President Franklin
Delano Roosevelt.” (Figure 9.)
The next paragraph links the Prescott Bush-coup allegation to
the BBC page:
“According to the BBC, the plotters intended to impose a fascist
takeover and "Adopt the policies of Hitler and Mussolini to beat the
great depression." (Figure 9.)
http://www.prisonplanet.com/articles/july2007/240707fascistcoup.htm
This “According to the BBC” link takes you from the
Buchanan/Watson website to a BBC sidebar "The Whitehouse
Coup."
Figure 1. Prescott/GHW Bush
“Can be relied on.” "Seem to be." This is the journalistic
language of equivocation and prevarication.
This sidebar presents testimony given before the McCormackDickstein Committee, which was the 1930s predecessor of HUAC.
According to Watson, Buchanan, Thompson, and the BBC, this
testimony proves Prescott Bush was actively involved in the
attempted fascist coup against the president of the United States.
Page 4 of 21
Prescott Bush and the Smedley Butler “Business Plot”
But does it?
The BBC narrator, Mike Thompson, continues his journey
towards proof of this conspiracy – housed deep in the National
Archives building in Washington DC.
"National Archives Research Center. Fantastically ... grand
building. Looks like there's strict security in operation here.
Airport scanner machine ... 'Hello. I'm from the BBC and I've
got an appointment with archivist Jessica Kratz.' Jessica led me
down increasingly claustrophobic corridors into the heart of the
Archive. ... The documents I'm after are from a committee known
as the McCormack-Dickstein Committee after the two men that
chaired it."
Thompson is looking for Committee pages HR 73A-f.
Now we come to the BBC’s audio reconstruction of the
Committee hearings. According to the BBC, the plan was for a
group of "super-wealthy capitalists" to rouse the Bonus Army (vets
who had not been given the bonus promised them for service in
WWI) and overthrow FDR -- a 500,000-man army led by Gen
Smedley Butler. In 1932, under Patton and MacArthur, this Bonus
Army’s “Hooverville” (shanty shacks across the Anacostia River
from Washington DC) was burned and the bonus army forcibly
dispersed.
“The Bonus Army veterans were led by Walter W. Waters, a
former Army sergeant, and were encouraged in their demand for
immediate monetary payment by an appearance from retired
Marine Corps Major General Smedley Butler, one of the most
popular military figures of the time.”
http://en.wikipedia.org/wiki/Bonus_Army
"Despite the paucity of documents, there are some that catch my
eye."
Figure 3. Shacks, Put up by the Bonus Army on the Anacostia flats, Washington, DC,
burning after the battle with the military, 1932
Figure 2. Bonus Army, Washington DC, 1932
Page 5 of 21
Prescott Bush and the Smedley Butler “Business Plot”
John Buchanan again:
"These super-wealthy capitalists essentially wanted to pose such a
threat to Roosevelt that he would basically step aside. If FDR
would not cooperate and step aside, they would execute him. Kill
him."
This “threat” was to be Smedley Butler’s Bonus Army.
Butler subsequently blew the whistle on the plot before the
McCormack-Dickstein Committee (predecessor to HUAC).
case of trouble, to sustain him. But that set-up would not suit
us at all. The soldiers of America would not like that. I then
went to Germany to see what Hitler was doing, and his whole
strength lies in organizations of soldiers, too. But that would
not do. I looked into the Russian business. I found that the use
of the soldiers over there would never appeal to our men.
Then I went to France, and I found just exactly the
organization we are going to have. It is an organization of
500,000 super soldiers.' " [End MacGuire quote by Butler.]
[Butler]:
"Here
in
America."
[...]
[BUTLER] "I said, "What do you want to do with it
when you get it up?"
Committee Testimony, Business Plot, 1933-4
Butler’s testimony before the committee is purportedly quoted
in Buchanan’s tape (time: 11:30 at the link).
Purportedly, because comparing it with the original reveals the
BBC/Buchanan/PrisonPlanet version is seriously flawed and has
been *highly* edited, as shown below. (More in App. C, “Proof?”)
•
Green text is testimony in the Committee record which is left
out of the BBC audio;
•
Red is text inserted by BBC that was not in the original
Committee record;
•
Black text is in both.
"Well," he said, "we want to support the President."
I said, "The President does not need the support of
that kind of an organization. Since when did you become a
supporter of the President? The last time I talked to you you
were against him."
He said, "Well, he is going to go along with us now."
"Is he?"
"Yes."
"Well, I said, what are you going to do with these
men, suppose you get these 500,000 men in America? What are
you going to do with them?"
"Well," he said, "they will be the support of the
President."
[Butler]"MacGuire [alleged plotter] said to me, "I
went abroad to study the part that the veteran[s] play[s ]in
the various set-ups of the governments that they have
abroad. Like France. I went to Italy for 2 or 3 months and
studied the position that the veterans of Italy occupy in the
Fascist set-up of Government, and I discovered that they are
the background of Mussolini. They keep them on the pay rolls
in various ways and keep them contented and happy; and they
are his real backbone, the force on which he may depend, in
I said, "The President has got the whole American
people. Why does he want them?"
He said, "Don't you understand the set-up has got to
be changed a bit? Now, we have got him—we have got the
President. He has got to have more money. There is not any
more money to give him. Eighty percent of the money now is
in Government bonds, and he cannot keep this racket up much
Page 6 of 21
Prescott Bush and the Smedley Butler “Business Plot”
longer. He has got to do something about it. He has either got
to get more money out of us or he has got to change the
method of financing the Government, and we are going to see
to it that he does not change that method. He will not change
it."
details off of his shoulders, and then he will be like the
President of France. I said, "So that is where you got this
idea?"
He said: "I have been traveling around looking
around. Now, about this super organization—would you be
interested in heading it?"
I said, "The idea of this great group of soldiers, then,
is to sort of frighten him, is it?"
I said, "I am interested in it, but I do not know about
heading it. I am very greatly interested in it, because you
know. Jerry, my interest is, my one hobby is, maintaining a
democracy. If you get these 500,000 soldiers advocating
anything smelling of Fascism, I am going to get 500,000 more
and lick the hell out of you, and we will have a real war right
at home. You know that."
"No, no, no; not to frighten him. This is to sustain him
when others assault him."
I said, "Well I do not know about that. How would the
President explain it?"
He said: "He will not necessarily have to explain it,
because we are going to help him out. Now, did it ever occur
to you that the President is overworked? We might have an
Assistant President, somebody to take the blame; and if things
do not work out, he can drop him."
"Oh, no. We do not want that. We want to ease up on
the President."
"Yes; and then you will put somebody in there you
can run; is that the idea? The President will go around and
christen babies and dedicate bridges, and kiss children. Mr.
Roosevelt will never agree to that himself."
He went on to say that it did not take any
constitutional change to authorize another Cabinet official,
somebody to take over the details of the office—take them off
the President's shoulders. He mentioned that the position
would be a secretary of general affairs—a sort of super
secretary.
"Oh yes; he will. He will agree to that."1
[1] House of Representatives, Investigation of Nazi Propaganda Activities and Investigation of Certain Other
Propaganda Activities, Hearings No. 73-D.C.-6, op. cit., pp. 17-18.
CHAIRMAN [Congressman McCormack]. A secretary of
general affairs?
BBC audio:
http://www.bbc.co.uk/radio4/history/document/document_20070723.shtml
BUTLER. That is the term used by him—or a secretary
of general welfare—I cannot recall which. I came out of the
interview with that name in my head. I got that idea from
talking to both of them, you see. They had both talked about
the same kind of relief that ought to be given the President,
and he said: "You know, the American people will swallow
that. We have got the newspapers. We will start a campaign
that the President's health is failing. Everybody can tell that
by looking at him, and the dumb American people will fall for
it in a second." And I could see it. They had that sympathy
racket, that they were going to have somebody take the
patronage off of his shoulders and take all the worries and
There is no mention of Prescott Bush in this testimony.
Gen. Smedley Butler also related his conversation with
MacGuire to Paul Comley French, a reporter for the Philadelphia
Record and New York Evening Post. French subsequently testified
before the Committee; his testimony is similarly cited by the BBC,
with similar lacunae.
Page 7 of 21
Prescott Bush and the Smedley Butler “Business Plot”
[Green text is testimony in the Committee record which is left out of the BBC
audio; red is text inserted by BBC that was not in the original Committee record;
black text is in both.]
During the course of the conversation he continually
discussed the need of a man on a white horse, as he called it,
a dictator who would come galloping in on his white horse. He
said that was the only way; either through the threat of armed
force or the delegation of power, and the use of a group of
organized veterans, to save the capitalistic system.
MR. FRENCH. [I saw] Gerald P. MacGuire in the offices
He warmed up considerably after we got under way
of Grayson M.-P. Murphy & Co., the twelfth floor of 52
and he said, "We might go along with Roosevelt, and then do
Broadway, shortly after 1 o'clock in the afternoon. He has a
with him what Mussolini did with the King of Italy." It fits in
small private office there and I went into his office. I have
with what he told the general [Butler], that we would have a
here some direct quotes from him. As soon as I left his office I
Secretary of General Affairs, and if Roosevelt played ball,
got to a typewriter and made a memorandum of everything
swell; and if he did not, they would push him out.2
that he told me. "We need a Fascist government in this
country," he insisted, "to save the Nation from the communists
who want to tear it down and wreck all that we have built in
America. The only men who have the, patriotism to do it are
2. House of Representatives, Investigation of Nazi Propaganda Activities and Investigation of Certain Other
Propaganda Activities, Hearings No. 73-D.C.-6, op. cit., p. 26.
the soldiers and Smedley Butler is the ideal leader. He could
organize a million men over night." During the conversation he
told me he had been in Italy and Germany during the summer
Still no mention of Prescott Bush.
of 1934 and the spring of 1934 and had made an intensive
study of the background of the Nazi and Fascist movements
and how the veterans had played a part in them. He said he
had obtained enough information on the Fascist and Nazi
movements and of the part played by the veterans, to
properly set up one in this country.
He emphasized throughout his conversation with me
that the whole thing was tremendously patriotic, that it was
saving the Nation from communists, and that the men they
deal with have that crackbrained idea that the Communists
are going to take it apart. He said the only safeguard would be
the soldiers. At first he suggested that the General organize
this outfit himself and ask a dollar a year dues from
everybody. We discussed that, and then he came around to
the point of getting outside financial funds, and he said that it
would not be any trouble to raise a million dollars.
Page 8 of 21
Prescott Bush and the Smedley Butler “Business Plot”
Non-Confirmative Testimony
War Seizures Controversy
Jules Archer was the next to be interviewed by the BBC;
Archer, in 1973, wrote “The Plot to Seize the White House: The
Shocking True Story of the Conspiracy to Overthrow FDR.”
There is a well-documented charge that Prescott Bush and his
business partner Averell Harriman – a career Democrat who
served in the FDR, Truman, Kennedy, and Johnson
administrations -- were both involved in industrial pacts with Nazi
businessman Fritz Thyssen. Several of the Harriman-Bush
businesses were seized during WWII under the Trading with the
Enemy Act.
However in this book there is no mention of or reference to
Prescott Bush. (You can do a keyword search here.)
So how and where does Prescott Bush fit into this “attempted
fascist overthrow of FDR” known as the Business Plot?
Read carefully the BBC page again: Prescott Bush never does.
The only mention of Prescott Bush occurs when the
McCormack-Dickstein Committee later makes an unrelated
examination (time: 20:20 of BBC audio) of a shipping line called
"Hamburg-American."
Equating the War Seizures Controversy with the Smedley
Butler-Business Plot is like bl;aming the Kennedy Assassination on
the 9-11 terrorists — on the sole basis both events were investigated
by the same House Select Committee.
Mike Thompson/BBC continues:
“Later in the McCormack-Dickstein Report, a shipping company
called Hamburg America Line was accused of providing free
passage to Germany to American journalists willing to write
favorable copy on Hitler’s rise to power. The company is also
alleged to have brought Nazi spies and pro-Fascist sympathizers into
America. John Buchanan has studied this latest section of the
Report, and has discovered that one of the company’s managers
came from a very famous family.”
The report is available here.
What appears to be happening is an intentional blurring by the
BBC/John Buchanan of the lines between Prescott’ Bush’s Nazi
business connections (the “War Seizures Controversy” in 1942),
and the Smedley Butler fascist coup (in 1933).
Page 9 of 21
"Of course, at the time, it was perfectly legal to have dealings with
Hitler's Germany. Prescott Bush was not called to account for this
until America entered the War. Neither was it a crime to be a
member of the lobby group like the Liberty League. And I found
no firm evidence that the Liberty League itself was behind the plot
to overthrow their country's democratically elected president [time:
21:49]. But academics like professor Tony Badger believe ... it was a
magnet for those with such intentions."
And still no mention of any Prescott Bush connection
with the Smedley Butler plot.
Furthermore:
"The [Committee] investigations mysteriously turn to vapor
when it comes time to call them [backers of the coup] to testify.
FDR ... struck a deal in which it was agreed that the plotters would
walk free if Wall Street would back off of their opposition to the
New Deal and let FDR do what he wanted." [24:38]
And still no mention of Prescott Bush.
Prescott Bush and the Smedley Butler “Business Plot”
Appendices
Source of the Tale
App A.
Censorship of the Committee Record
So whence this story?
Go back and read more-carefully the Watson paragraph.
In 1933, Marine Corps Maj.-Gen. Smedley Butler was
approached by a wealthy and secretive group of industrialists
and bankers, including Prescott Bush the current President's
grandfather, who asked him to command a 500,000 strong
rogue army of veterans that would help stage a coup to topple
then President Franklin Delano Roosevelt..
It becomes clear they are not actually claiming (despite the
headline, “BBC: Bush's Grandfather Planned Fascist Coup In
America “) Prescott Bush was involved in the coup attempt -rather that Prescott Bush was a member of a "wealthy and secretive
group of industrialists and bankers.”
In other words, despite the accusatory headline, Prescott Bush
was not involved in the fascist plot to overthrow the government.
Trafficking with the enemy is whole ’nuther thang.
Links
http://www.bbc.co.uk/radio4/history/document/document_20070723.shtml
http://www.reformation.org/wall-st-fdr-ch10.html
http://en.wikipedia.org/wiki/American_Liberty_League
http://en.wikipedia.org/wiki/Fritz_Thyssen
http://www.amazon.com/Plot-Seize-White-HouseConspiracy/dp/1602390363/ref=si3_rdr_bb_product/103-1611469-9043833
http://en.wikipedia.org/wiki/Smedley_Butler#Exposes_the_Business_Plot
http://www.tarpley.net/bush2.htm
http://en.wikipedia.org/wiki/Prescott_Bush
http://en.wikipedia.org/wiki/House_Un-American_Activities_Committee
http://www.cbsnews.com/stories/2004/05/14/national/main617522.shtml
http://politicalgraveyard.com/
http://hnn.us/articles/1812.html
Committee testimony: http://www.claytoncramer.com/primary/other/HUAC1.pdf
"Journalist John L. Spivak, researching Nazism and antiSemitism for New Masses magazine, got permission from
Dickstein to examine HUAC's public documents and was (it
seems unwittingly) given the unexpurgated testimony amid
stacks of other papers. Spivak's two-part feature "Wall
Street's Fascist Conspiracy" appeared in early 1935, a month
after the hearings closed. He cogently developed a case for
taking the suppressed testimony seriously. But this relevant
material was embellished with overblown aspersions against
"Jewish financiers working with fascist groups" -- a mishmash
of guilt-by-association that connected Morgan interests with
Jewish financier Felix Warburg, HUAC, and certain members of
the American Jewish Committee. Spivak was intent upon
grinding his own axes, and elucidation of the plot was
obscured. The suppressed Butler-MacGuire conversations
could hardly support all this. Moreover New Masses
possessed a limited readership; the scoop was stigmatized as
"red" propaganda and generally not cited elsewhere."[15]
“After being told about the deletions by Spivak, in Butler's
broadcast over WCAU on February 17, 1935, Butler revealed
that some of the "most important" portions of his testimony
had been suppressed in the McCormack-Dickstein report to
Congress. The committee, he growled, had "stopped dead in its
tracks when it got near the top." He added angrily:" Like most
committees, it has slaughtered the little and allowed the big to
escape. The big shots weren't even called to testify. Why
wasn't Colonel Grayson M.-P. Murphy, New York broker ...
called? Why wasn't Louis Howe, Secretary to the President of
the United States, called? . . . Why wasn't Al Smith called?
And why wasn't Gen. Douglas MacArthur, Chief of Staff of the
United States Army, called? And why wasn't Hanford
MacNider, former American Legion commander, called? They
were all mentioned in the testimony. And why was all mention
of these names suppressed from the committee report?"
http://en.wikipedia.org/wiki/Business_Plot
Page 10 of 21
Prescott Bush and the Smedley Butler “Business Plot”
App B.
Evidence?
As noted at the beginning of this article, Buchanan states:
[YouTube, 4:26]:
Buchanan continues, linking the past to the present:
“… Prescott Bush … tried to overthrow the US Government and
assassinate FDR and put a Hitler-style Fascist state in place. I have
in my possession testimony from the MacCormick-Dickstein
Committee in Nov of 1934 by one of the fascist plotters that they
were going to follow Hitler’s model exactly and impose martial law
on the United States, round up unemployed people that were
worthless to the economy and troublemakers and Jews and put
them into internment camps and their plan was if necessary to
exterminate the people that could not be part of the effort.”
“George Bush doesn’t take his philosophical foundation from the
bible or the teachings of Jesus or the Sermon on the Mount, George
Bush takes his inspiration from what he learned in Skull & Bones2
and from the Thule Society3 that Hitler and Goebbels and Goering
cut their teeth in.”
Unfortunately for Buchanan, the Thule Society was not
supported by the Nazis; it was persecuted and forcibly disbanded:
Early in 1920 Karl Harrer was forced out … as Hitler
moved to sever the party's link with the Thule Society, which
subsequently fell into decline and was dissolved about five
years later (Goodrick-Clarke 1985: 221), well before Hitler came
to power.
However, unfortunately for Buchanan all of the committee
testimony regarding the Smedley Butler plot, including those
portions which had previously been suppressed, are now available as
scanned PDFs: one, two, and three. The full content of Committee
investigation is also now available as text at:
Rudolf von Sebottendorff had withdrawn from the Thule
Society in 1919 , but in 1933 he returned to Germany in the
hope of reviving it. In that year he published a book entitled
Bevor Hitler kam (Before Hitler Came), in which he claimed that
the Thule Society had paved the way for the Führer:
http://en.wikisource.org/wiki/McCormackDickstein_Committee#Public_Statment_on_Preliminary_findings_of_HUAC.2C_November_24.2C_1934
"Thulers were the ones to whom Hitler first came, and
Thulers were the first to unite themselves with Hitler."
In contrast to Buchanan’s allegations, a search of the
unexpurgated committee record for keywords “Prescott” or
“Bush” results in “phrase not found.”
This claim was not favourably received by the Nazi
authorities: after 1933, esoteric organisations (including
völkisch occultists) were suppressed, many closed down by
anti-Masonic legislation in 1935. Sebottendorff's book was
prohibited and he himself was arrested and imprisoned for a
short period in 1934, afterwards departing into a lonely exile in
Turkey.
So where does Buchanan get this proof that Prescott Bush was
a Business Plotter, and that “If FDR would not cooperate and step
aside, they would execute him. Kill him."
Apparently he’s concocted it. Because nowhere does Buchanan
present evidence of Prescott Bush’s involvement in plot to
assassinate FDR.
http://en.wikipedia.org/wiki/Thule_Society
Moving on to more recent “conspiracies”:
2
3
Page 11 of 21
As did John Kerry.
Buchanan pronounces it “thool” instead of “thoo-lee” (Θούλη)
Prescott Bush and the Smedley Butler “Business Plot”
“… Bohemian Grove, these evil organizations that perpetrate the
ugly things that these criminals are doing to this country for which
they must be held accountable…”
[…]
“…Now you look at the Republican National Convention this
week and you bring in Arnold Schwarzenegger to speak last
night. Schwarzenegger is the son of a Nazi, he has praised Nazis, he
has praised Hitler, he talked last night in terms like ‘we will not
falter, we will not waver, we will win this war on terror. Well
that’s exactly the speeches that Hitler made after the Reichstag fire;
terrorism and the homeland being under attack are precisely the
issues that Hitler used to subvert everything within the German
system of government.
[…]
Page 12 of 21
“It’s critical that every citizen rise up and do … something; because
the day of reckoning is at hand at these people are Nazis, they are
practicing the Nazi philosophy, they are mimicking Nazi tactics,
and time is running out.”
John Buchanan, “Keeping It In the Family.”
Prescott Bush and the Smedley Butler “Business Plot”
App D.
War Seizures Controversy
App C.
Reputed Members of the Business Plot
•
•
•
•
•
•
•
Irenee Du Pont - Right-wing chemical industrialist and
founder of the American Liberty League, the organization
assigned to execute the plot.
Grayson Murphy - Director of Goodyear, Bethlehem Steel
and a group of J.P. Morgan banks.
William Doyle - Former state commander of the American
Legion and a central plotter of the coup.
John Davis - Former Democratic presidential candidate and a
senior attorney for J.P. Morgan.
Al Smith - Roosevelt's bitter political foe from New York.
Smith was a former governor of New York and a codirector
of the American Liberty League.
Robert Clark - One of Wall Street's richest bankers and
stockbrokers.
Gerald MacGuire - Bond salesman for Clark, and a former
commander of the Connecticut American Legion. MacGuire
was the key recruiter to General Butler.
http://www.huppi.com/kangaroo/Coup.htm
“Clayton Cramer, in a 1995 History Today article, reminded
readers that the devastation of the Great Depression had
caused many Americans to question the foundations of liberal
democracy. "Many traditionalists, here and in Europe, toyed
with the ideas of Fascism and National Socialism; many
liberals dallied with Socialism and Communism." This helps
explain why some American business leaders viewed fascism
as a viable system to both preserve their interests and end
the economic woes of the Depression.”
http://en.wikipedia.org/wiki/Business_Plot
Page 13 of 21
From:
http://en.wikipedia.org/wiki/Prescott_Bush#War_seizures_controversy
“Harriman Bank was the main Wall Street connection for German
companies and the varied U.S. financial interests of Fritz Thyssen, who had
been an early financial backer of the Nazi party until 1938, but who by 1939
had fled Germany and was bitterly denouncing Hitler. Business transactions for
profit with Nazi Germany were not illegal when Hitler declared war on the
United States (December 11, 1941), but, six days after the attack on Pearl
Harbor, President Franklin Delano Roosevelt signed the Trading With the
Enemy Act after it had been made public that U.S. companies were doing
business with the declared enemy of the United States. On October 20, 1942,
the U.S. government ordered the seizure of Nazi German banking operations
in New York City. President Franklin Roosevelt's Alien Property Custodian,
Leo T. Crowley, signed Vesting Order Number 248 seizing the property of
Prescott Bush under the Trading with the Enemy Act. The order, published in
obscure government record books and kept out of the news, cited only the
Union Banking Corporation (UBC) connections with Von Thyssen. Fox News
has reported that recently declassified material "The 4,000 Union Banking
shares owned by the Dutch bank were registered in the names of the seven
U.S. directors, according a document signed by Homer Jones, chief of the
division of investigation and research of the Office of Alien Property Custodian,
a World War II-era agency that no longer exists"[2].
•
E. Roland Harriman--3991 shares (managed and under voting control of
Prescott Bush)
•
Cornelis Lievense--4 shares (He was the New York banker of the German
Nazi Party)
•
Harold D. Pennington--1 share (Employed by Prescott Bush at Brown Brothers
Harriman)
•
Ray Morris--1 share (a business partner of the Bush and Harriman families)
•
Prescott S. Bush--1 share (director of UBC, which was co-founded and
sponsored by his father-in-law George Walker; senior managing partner for E.
Roland Harriman and Averell Harriman)
•
H.J. Kouwenhoven--1 share (organized UBC for Von Thyssen, managed UBC in
Nazi occupied Netherlands)
•
Johann G. Groeninger--1 share (German Industrial Executive, a not
unimportant member of the Nazi party)
Prescott Bush and the Smedley Butler “Business Plot”
The Harriman business interests seized under the act in October and
November 1942 included:
•
•
•
•
App E.
Bohemian Grove
“For a definitive look at the history of the Grove and the
composition of Bohemian Club members and their social,
business and political affiliations, updating Domhoff's book
(below), see: A Relative Advantage: Sociology of the San
Francisco Bohemian Club by Peter Martin Phillips, current
Professor of Sociology at Sonoma State University in
California. The dissertation covers 167 pdf pages and contains
appendices and a bibliography. Phillips attended the Grove and
conducted scores of interviews with attendees in his
research.[3]”
Union Banking Corporation (UBC) (for Thyssen and Brown Brothers Harriman). The
President of UBC at that time was George Herbert Walker, Prescott Bush's father-inlaw. He is the grandfather and great-grandfather of the former and current Presidents
Bush.
Holland-American Trading Corporation (with Harriman)
the Seamless Steel Equipment Corporation (with Harriman)
Silesian-American Corporation (this company was partially owned by a German entity;
during the war the Germans tried to take full control of Silesian-American. In response
to that, the American government seized German owned minority shares in the
company, leaving the U.S. partners to carry on the business.)
http://en.wikipedia.org/wiki/Bohemian_Grove
The assets were held by the government for the duration of the war, then
returned afterward. UBC was dissolved in 1951. Prescott Bush was on the
board of directors of UBC and held one share in the company. For it, he was
reimbursed $1,500,000. These assets were later used to launch Bush family
investments in the Texas energy industry.
—+—
“Social Cohesion & the Bohemian Grove: The Power Elite
at Summer Camp By G. William Domhoff, the current Research
Professor at the University of California, Santa Cruz, who has
attended the Grove.”
—+—
Toby Rogers has claimed that Bush's connections to Silesian businesses
(with Thyssen and Flick) make him complicit with the mining operations in
Poland which used slave labor out of Auschwitz, where the Auschwitz
concentration camp was later constructed.
The New York Herald-Tribune referred to the German industrialist, Fritz
Thyssen, as "Hitler's Angel" and mentioned Bush as an employee of the
investment banking firm Thyssen used in the USA. The underlying importance
is Hitler's known ideology; intelligent business partners like Bush and Thyssen
and Harriman clearly knew who they were doing business with and were willing
to do so. Some records in the National Archives, including the Harriman
papers, document the continued relationship of Brown Brothers Harriman with
Thyssen and some of his German investments up until his 1951 death.[4]
Investigator John Loftus has said, "As a former federal prosecutor, I would
make a case for Prescott Bush, his father-in-law (George Walker) and Averell
Harriman [to be prosecuted] for giving aid and comfort to the enemy. They
remained on the boards of these companies knowing that they were of financial
benefit to the nation of Germany." Two former slave laborers from Poland
have filed suit in London against the government of the United States and the
heirs of Prescott Bush in the amount of $40 billion. A class-action lawsuit filed
in the U.S. in 2001 was dismissed based on the principle of state sovereignty.[5]
“The protest group BGAN was formed in 1980 by Mary
Moore and is still operative; it has employee contacts inside
the Grove and has been given selected Grove Camp
Membership (2004) and Guest (1979) lists.”
http://www.sonomacountyfreepress.com/bohos/bohoindx.html
App F.
War Seizures Controversy
Figure 4 through Figure 8 provide scans of pages ordering
seizure of the Hamburg American Line.
Page 14 of 21
Prescott Bush and the Smedley Butler “Business Plot”
Figure 4. http://hnn.us/resources/Bush%20Documents0003.jpg (37)
Prescott Bush and the Smedley Butler “Business Plot”
Figure 5. http://hnn.us/resources/Bush%20Documents0004.jpg (38)
Page 16 of 21
Prescott Bush and the Smedley Butler “Business Plot”
Figure 6. http://hnn.us/resources/Bush%20Documents0005.jpg (39)
Page 17 of 21
Prescott Bush and the Smedley Butler “Business Plot”
Figure 7. http://hnn.us/resources/Bush%20Documents0006.jpg (40)
Page 18 of 21
Prescott Bush and the Smedley Butler “Business Plot”
Figure 8. http://hnn.us/resources/Bush%20Documents0007.jpg (41)
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Prescott Bush and the Smedley Butler “Business Plot”
Figure 9. Watson/Buchanan Accusations
Page 20 of 21
Prescott Bush and the Smedley Butler “Business Plot”
Figure 10. BBC/Thompson Accusations
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