In 1932, three years after the stock market crashed and when the 
U.S. was in the throes of the worst depression in history, WWI 
veterans occupied a parcel of land not far from the White House to 
demand payment on the bonuses that were owed them. They were 
supposed to get paid for the difference between their military pay 
and their civilian wages according to legislation passed in 1924 
but not until 1945. Since many were unemployed and destitute they 
demanded immediate payment.

Like today’s OWS, this occupation captured the country’s 
imagination and led to a political polarization. With Herbert 
Hoover still in the White House, there was little to expect in the 
way of justice but probably few of the veterans expected what 
eventually took place, a full-scale military assault led by 
General Douglas MacArthur that included six tanks. Under 
MacArthur’s command were Dwight Eisenhower and George Patton. This 
was obviously a major offensive.

full: 
http://louisproyect.wordpress.com/2011/10/11/another-depression-another-occupation/
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