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ITIDENTIAL mean the nationalization of the banking system.. " "The social- ization program will be carried through on the basis of confis- cation without remuneration.. " "Such a program is not a matter of mere speculation. This is the line that developed in the So- viet Union and it is the one that will develop here. " "The capitalists will not give up of their own accord; nor can they be talked, bought or voted out of power. To believe other- wise would be a deadly fatalism, disarming and paralyzing the workers in their struggle. No ruling class ever surrendered to a rising subject class without a last ditch open fight. " "Capitalism will not grow into Socialism. The great masses of toilers must be in a revolutionary mood; they must have the necessary organization and revolutionary program; they must smash capitalism. This all means they must be under the general leadership of the only revolutionary party, the Communist Party. The real measure of a revolutionary situation in any given coun- try is the strength of the Communist Party. " "The Republican party is the party of finance capital, of the great bankers and industrialists of Wall Street, of which the Morgan interests stand at the head. "The Democratic party is no less the party of the big capitalists. " "American imperialism is now strong. Its champions ridicule the idea of a revolution, But their assurance is not now quite so sure as it was a couple of years ago. They are beginning to feel a deadly fear. The Russian revolution is to them such a terrible reality. But they console themselves with the thought that 'it can never happen in this country, and they scorn the at-present weak Communist party. But they overlook the detail that the same attitude was taken towards the pre-revolution Bolsheviki. Especially did the Socialist Moguls of the Second International look upon them as narrow sectarians and upon Lenin as a fanatical dreamer. But one thing is certain, American capitalism is part and parcel of the world capitalist system and is subject to all its basic weaknesses and contradictions; it travels the same way to its destruction as capitalism in gen- eral. " "The world capitalist system is in decay. All the king's horses and all the king's men cannot save it, Its gen- eral crisis deepens; the masses develop revolutionary con- sciousness; the international revolutionary storm forces gather. " "And capitalism will die sword in hand, fighting in vain to beat back the oncoming revolutionary proletariat, 11 "The American revolution will doubtless carry with it all those countries of the three Americas that have not previously accomplished the revolution. This is what William z. Foster, head of all Communist activities in the Uni ted States tells us about the end which all Communists have in view for the United States. And one of their tools or tactics used to achieve this end is con- stant, ceaseless, persistent attacks on all phases of our democratic life. They NSC 17 - 13 - CONT IDENTIAL

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    "ocrText": "ITIDENTIAL\nmean the nationalization of the banking system.. \" \"The social-\nization program will be carried through on the basis of confis-\ncation without remuneration.. \" \"Such a program is not a matter\nof mere speculation. This is the line that developed in the So-\nviet Union and it is the one that will develop here. \"\n\"The capitalists will not give up of their own accord; nor can\nthey be talked, bought or voted out of power. To believe other-\nwise would be a deadly fatalism, disarming and paralyzing the\nworkers in their struggle. No ruling class ever surrendered\nto a rising subject class without a last ditch open fight. \"\n\"Capitalism will not grow into Socialism. The great masses of\ntoilers must be in a revolutionary mood; they must have the\nnecessary organization and revolutionary program; they must\nsmash capitalism. This all means they must be under the general\nleadership of the only revolutionary party, the Communist Party.\nThe real measure of a revolutionary situation in any given coun-\ntry is the strength of the Communist Party. \" \"The Republican\nparty is the party of finance capital, of the great bankers and\nindustrialists of Wall Street, of which the Morgan interests\nstand at the head. \"The Democratic party is no less the party\nof the big capitalists. \"\n\"American imperialism is now strong. Its champions ridicule the\nidea of a revolution, But their assurance is not now quite so\nsure as it was a couple of years ago. They are beginning to\nfeel a deadly fear. The Russian revolution is to them such a\nterrible reality. But they console themselves with the thought\nthat 'it can never happen in this country, and they scorn the\nat-present weak Communist party. But they overlook the detail\nthat the same attitude was taken towards the pre-revolution\nBolsheviki. Especially did the Socialist Moguls of the Second\nInternational look upon them as narrow sectarians and upon Lenin\nas a fanatical dreamer. But one thing is certain, American\ncapitalism is part and parcel of the world capitalist system\nand is subject to all its basic weaknesses and contradictions;\nit travels the same way to its destruction as capitalism in gen-\neral. \" \"The world capitalist system is in decay. All the\nking's horses and all the king's men cannot save it, Its gen-\neral crisis deepens; the masses develop revolutionary con-\nsciousness; the international revolutionary storm forces gather. \"\n\"And capitalism will die sword in hand, fighting in vain to beat\nback the oncoming revolutionary proletariat, 11 \"The American\nrevolution will doubtless carry with it all those countries of\nthe three Americas that have not previously accomplished the\nrevolution.\nThis is what William z. Foster, head of all Communist activities in the\nUni ted States tells us about the end which all Communists have in view for the\nUnited States. And one of their tools or tactics used to achieve this end is con-\nstant, ceaseless, persistent attacks on all phases of our democratic life. They\nNSC 17\n- 13 -\nCONT IDENTIAL"
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