*'-' 'ii: Newbold Coming Crash y.^ 'DEN THELIBRARY OF UNIVERSITYTHE OF CALIFORNIA LOSANGELES Digitized by tine Internet Archive in 2008 witin funding from IVIicrosoft Corporation http://www.archive.org/details/comingcraslieconoOOnewb Pamphlets, New Series, No. 9.I.L.P. THECOMING CRASH InterpretationAn Economic of Day History*Present By M.A.T. WALTON NEWBOLD.J. Europe Armed for War,"(Author of "How the War.")"Capitalism and INDEPENDENT LABOUR PARTY, -THE ^ ^U,Court, Fleet Street, London, E.G. 4.8 and Johnson's9, 1919. — THE COMING CRASH An Economic Interpretation of Present-day History When history comes to record the diplomac}' leading up to and attending the prosecution and conclusion of the great oncewar, there will stand forth the figure of a man, at tragic, an idealistmagnificent and futile, heroic^ and greatest capitalist State the world hasexecutive chief of the President Woodrow Wilson.seen— dramatist of antiquity, no playwright of the Eliza-No awe-inspiringbethan Age ever conceived so terrible a plot, so thea setting, so complete a ruin as this in which Wilson is about this American pro-chief actor. There is something his political career sublime in the extreme andfessor and pitiful. He.is man beating against the fate of theyet so a world, man striving to hold back the furies of revolution.a catastrophe whichSociety goes hurthng to the universal " " civilisation isthe writer of Capital foretold.