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208 furnished them with the means of conquering power.

"'This régime, however, which was to be productive of such happy results in the future, was execrated by the workers, in whose ranks it made countless victims.

"'There exists no social benefit which has not been purchased at the cost of blood and tears. Moreover, this régime which had enriched the whole world came within an ace of ruining it. After having increased production to a considerable extent, it failed in its endeavours to regulate it, and struggled hopelessly in the toils of inextricable difficulties.

"'You are not totally ignorant, comrade, of the economic disturbances which filled the twentieth century. During the last hundred years of the capitalistic domination, the disorder of production and the delirium of competition piled up disasters high. The capitalists and the masters vainly attempted, by means of gigantic combinations, to regulate production and to annihilate competition. Their ill-conceived undertakings were engulfed in an abyss of gigantic catastrophes. During those anarchical days, the fight between classes was blind and terrible. The proletariat, overwhelmed in the same ratio by its victories and its defeats, overwhelmed by the ruins of the edifice which it was pulling down on its own head, torn by fearful internal struggles, casting