Louis
Budenz joined
the Communist Party in 1935 and eventually
became
managing editor of the Daily
Worker.
In 1945 Budenz came under the influence of Bishop
Fulton
J. Sheen. After joining
the Roman Catholic Church, he renounced
communism. He contacted J. Edgar Hoover
and offered to provide the FBI with information
on former members of the Communist Party.
All told, Budenz was interviewed for 3,000 hours by Hoover's agents.
In 1948 Budenz was the main witness in the trial of Eugene
Dennis and ten other leaders of the Communist
Party. It was later discovered that Budenz was paid $70,000 for
his information.
Budenz became professor of economics at Fordham
University and appeared in front of Joseph
McCarthy and his Government Committee on Operations of the Senate,
where he provided evidence against Alger Hiss
and members of other left-wing groups.
(1)
Louis Budenz, testimony at the trial of Eugene
Dennis and the leaders of the Communist Party (29th March, 1949)
The Communist Party bases itself upon so-called scientific socialism,
the theory and practice of so-called scientific socialism as appears
in the writings of Marx, Engels, Lenin, and Stalin, therefore as interpreted
by Lenin and Stalin who have specifically interpreted scientific socialism
to mean that socialism can only be attained by the violent shattering
of the capitalist state, and the setting up of a dictatorship of the
proletariat by force and violence in place of that state. In the United
States this would mean that the Communist Party of the United States
is basically committed to the overthrow of the Government of the United
States as set up by the Constitution of the United States.

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