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Fascist Putsch Fund is Charged to Wall St. Broker in U.S. Probe

Extensive fund transactions allegedly in connection with a plot of Wall Street interests to foment a Fascist march on Washington to seize control of the United States government, were revealed yesterday in a statement by the Congressional Committee on un-American activities. The thirteen-page statement issued by Representatives McCormick and Dickstein, chairman and vice-chairman of the […]

November 26, 1934
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Extensive fund transactions allegedly in connection with a plot of Wall Street interests to foment a Fascist march on Washington to seize control of the United States government, were revealed yesterday in a statement by the Congressional Committee on un-American activities.

The thirteen-page statement issued by Representatives McCormick and Dickstein, chairman and vice-chairman of the committee, disclosed exchange of considerable sums from Robert Sterling Clark, multi-millionaire broker, and Albert G. Christmas, his attorney, to accounts controlled by Gerald P. MacGuire, bond salesman named by General Smedley D. Butler as the man who had offered him leadership of the “army” to be formed.

The statement pointed out that the investigators are awaiting the return to this country of Clark and Christmas. As the evidence stands, it calls for an explanation that the committee has been unable to obtain from Mr. McGuire,” it revealed. It also pointed out that the committee has no evidence “that would in the slightest degree warrant calling before it such men as John W. Davis, General Hugh Johnson, General Harbord, Thomas W. Lamont, Admiral Sims or Hanford MacNider,” all of whom had been named in reports in connection with alleged plot.

The statement did not take up reputed connections between Wall Street and American Nazi circles which were believed to have been under consideration by the Congressional committee nor did it reveal links between Nazi and “shirt”

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