Two business nationalists who networked other ultraconservatives were J. Howard Pew, president of Sun Oil, and William B. Bell, president of the chemical company American Cyanamid.
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In the mid-1930s, Gerald L. K. Smith carried the banner for business nationalists, many of whom were isolationists and would later oppose the entry of the United States into World War II.
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Ultraconservative business and industrial leaders who saw the New Deal implemented in the United States between 1933 and 1936 as proof of an imagined sinister alliance by international finance capital and communist-controlled labor unions to destroy free enterprise became known as “business nationalists”.
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