Newman and 38 of his followers issued a resignation letter ( August 1974 ) in which they announced the formation of the IWP as the true vanguard party to lead the supposedly impending ( within months ) revolution of the working class against Rockefeller fascism .
Newman and 38 of his followers issued an open letter ( August 1974 ) in which they announced they were leaving the NCLC and forming the IWP . 
 The latter , they proclaimed , would be the true vanguard party that would lead the supposedly impending ( within months ) revolution of the working class against Rockefeller fascism .