When the speeches of Wilson, Clemenceau, and Lloyd George, the worst of the predators, the wild beasts of imperialism, are repeated here by Martov in the name of the Russian Social Democratic Labour Party ... then I say to myself that we have to be on the alert and to realise that the Cheka is indispensable!

Monopolies, oligarchy, the striving for domination and not for freedom, the exploitation of an increasing number of small or weak nations by a handful of the richest or most powerful nations -- all these have given birth to those distinctive characteristics of imperialism which compel us to define it as parasitic or decaying capitalism.

The greed of the Italian money bags and capitalists, who need new markets and new achievements for Italian imperialism. What kind of war was it? A perfected, civilised blood bath, the massacre of Arabs with the help of the "latest" weapons.

If it were necessary to give the briefest possible definition of imperialism, we should have to say that imperialism is the monopoly stage of capitalism.

Trade unions and strikes cannot help in times of crisis when there is no demand for this "commodity", they cannot change the conditions which, convert labour-power into a commodity and which doom the masses of working people to dire need and unemployment. To change these conditions, a revolutionary struggle against the whole existing social and political system is necessary; the industrial crisis will convince very many workers of the justice of this statement.

Undoubtedly, our path is not of the easiest; but, just as undoubtedly, we are not to be frightened by difficulties. Paraphrasing from the well-known words of Luther, Russia might say: 'Here I stand on the frontier between the old, capitalist world and the new, socialist world. Here on this frontier I unite the efforts of the proletarians of the West and of the peasantry of the East in order to shatter the old world. May the God of history be my aid!'