Charge Coup Fund to Wall St. Broker
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Charge Coup Fund to Wall St. Broker

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groups here and the backers of the alleged plot.

In reply to questions concerning these omissions, Congressman Dickstein yesterday said: “The statement speaks for itself. What may develop after, we cannot say.”

The statement, it was emphasized, included only that part of the testimony before the committee which had been corroborated. The committee will hold another executive session and an open hearing on the Butler charges in Washington on December 17.

The first part of the statement is a review of the testimony of Major General Smedley Butler, in which the General told in detail how he was approached by MacGuire and offered the leadership of a new Fascist party as well as enormous sums to make speeches in favor of the gold standard.


General Butler related a conversation he had at his home with Robert Sterling Clark, one of the alleged principals in the scheme. Clark; according to the General declared, he was worth thirty million dollars and was willing to spend fifteen millions to save the other half. General Butler refused to go to Chicago to make a speech for the gold standard, whereupon Clark called MacGuire on the telephone and told him to handle the matter, telling him in the General’s hearing that the $45,000 he had with him should be enough to take care of the matter.

Later MacGuire told General Butler: “we have three million dollars on the line and can get three hundred million when we need it.”

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