I! THE DEMOCRATIC REVOLUTION OF 1919 ITALY, which had only been a united nation for fifty years, was dealt a terrible blow by the war. She was left with 680,000 dead,1 half a million disabled, and more than a million wounded. Lacking a great accumula- tion of reserves, she had to import everything : coal, oil, rubber, leather, raw materials for textiles, and a proportion of minerals and foodstuffs. On the other hand, there had been no great national ideal to support this effort or transfigure these sacrifices. The government's c sacred egoism' had been fundamentally neither egoistic nor sacred. Begun and carried on like a civil war, the war left a legacy of violent passions and insatiable hates. The day of victory brought no relaxation, and the defeats of 1916 and 1917 were only sparsely and belatedly avenged by the victory of Piave. To no other country did demobilization bring such difficult problems. The traditional outlet of emigration, through which, in 1913, had passed about 900,000 workers, chiefly landless peasants, had become more and more restricted. What was to be done with those returning from the front, and how long could the wartime factories keep on the million hands who worked there? The change from war industry to peace industry is notoriously hard. How, in the midst of general disorder, persistent upheavals, and growing hunger, could the way be found back to a world trade already wrecked and impoverished, and guarded by ruthless competitors who were better prepared and better equipped ? Everyone faced the future, though, with a heart full of 1 The figure given by fascist statisticians, M. Pierre Renouvin, in his work, La Crlse Buropdemw et la Grande Guerre, puts it at 460,000. 9