PELLEY ANNOUNCED FOR the presidency of the United States in 1936, of course, and his candidacy was predictably muddleheaded. There was a lot of talk about protecting the U.S. Constitution, though basically all his policy proposals were blatant violations of this document: the chief executive would be given dictatorial powers; the United States would become a corporation, and every (white Christian) citizen would be both a common and a preferred stockholder.
