According to a declaration in its inaugural issue, no doubt written by editor John Reed, "thousands of members" of the Left Wing Section living in New York City were engaged in "fighting for control of the local Party machinery, against a fierce and unscrupulous resistance by the petty politicians who direct the Party machine." While noting enormous contributions to this movement made by the long-established Left Wing weekly of the Left Wing Section of Local Boston, The Revolutionary Age, "as long as the entire machinery is not in our hands, a New York is essential," Reed declared. For the next 10 weeks, Reed's newspaper documented one of the most ferocious factional struggles in the history of the Socialist Party of America, a veritable war marked by arbitrary dissolutions of party units, lockouts from facilities, and takeovers of scheduled meetings. This blow-by-blow coverage which makes The New York Communist one of the most important primary sources for historians studying the process of formation of the American Communist movement during the tumultuous year of 1919. According to historian James Weinstein: Editor John Reed was assisted in his task by associate editorEadmonn MacAlpine. Business manager of the publication at its launch was Maximilian Cohen, the Executive Secretary of the Left Wing Section of Local Greater New York. Cohen was succeeded in this role by Benjamin Gitlow effective with the June 14 issue. Each issue of the paper consisted of 8 pages in each issue and bore a cover price of 5 cents per copy. No sooner had the second edition of The New York Communist appeared when David P. Berenberg, a party regular affiliated with the Rand School of Social Science, launched a new factional document from the other side of the debate, mockingly entitled The New York Socialist. The publication adopted the jeering tone of Reed's publication and matched The New York Communist blow-for-blow in terms of personal invective, albeit concentrating its fire on the Left Wing insurgents as "an enemy... within our ranks." This new rival proved to be too tempting a target for the sophomorish Reed to ignore. On May 17, The New York Socialist appeared as usual at the Rand School. It was not until several thousand issues had been distributed that it was discovered that the document being distributed was an exact replica of Berenberg's publication created by Reed and MacAlpine. The parody issue prominently featured a speech purported to have been delivered by leader of the Regular faction Louis Waldman on April Fool's Day. In this mock speech, Waldman portrayed as attacking the Left Wing with the words:
So evident is their intention to disrupt the party that it has been necessary to expel all Left Wing branches and exclude the members from any vote on party affairs. If this is not disrupting the party, what is?
The complete run of The New York Communist was reprinted as an elephant folio book by the Greenwood Reprint Corporation of Westport, Connecticut in 1970 as part of their series "Radical Periodicals in the United States." A microfilm edition was also released by Greenwood at that same time.
