Legend tells us that healthy newborn infants aroused the envy and hatred of evil spirits. In the absence of the proud mothers, the evil ones stole into the houses, kidnapped the babies, and left behind them deformed, hideous-looking monsters.

Socialism has met with such a fate. Young and lusty, crying out defiance to the world, it aroused the envy of the evil ones. They stole near when Socialism least expected and made off with it, leaving behind a deformity which is now stalking about under the name of Socialism.

At its birth, Socialism declared war on all constituted institutions. Its aim was to fell every injustice to the ground and replace it with economic and social well-being and harmony.

Two fundamental principles gave Socialism its life and strength: the wage system and its master, private property. The cruelty, criminality, and injustice of these principles were the enemies against which Socialism hurled its bitterest attacks and criticisms. Private property and the wage system being the staunchest pillars of society, every one who dared expose their cruelty was denounced as an enemy of society, a dangerous character, a revolutionist. Time was when Socialism carried these epithets with head erect, feeling that the hatred and persecution of its enemies were its greatest attributes.

Not so the Socialism that has been caught in the trap of the evil ones, of the political monsters. This sort of Socialism has either given up altogether the unflinching attacks against the bulwarks of the present system, or has weakened and changed its form to an unrecognizable extent. ...