🚀 go-pugleaf

Should g++ emit warning against the bug shown in the following program?
I am running g++-1.34.1 on a SUN3/60M OS4.0.1.

[1]: cat bug.c
class base;

class base {
private:
  base *next;
public:
  base (void);
#ifndef BUG
  void Insert (base* elem);
#else
  void Insert (base*& elem);
#endif
};

void main (void) {
  base* FOO =  new base ();
  FOO->Insert (new base());
}
[2]: g++ -c -v bug.c
g++ version 1.34.1
 /home/wiener/local/lib/gcc-cpp -+ -v -undef -D__GNU__ -D__GNUG__ -Dmc68000 -Dsun -Dunix -D__mc68000__ -D__sun__ -D__unix__ -D__HAVE_68881__ -Dmc68020 bug.c /tmp/cca02876.cpp
GNU CPP version 1.34
 /home/wiener/local/lib/gcc-c++ /tmp/cca02876.cpp -quiet -dumpbase bug.c -version -o /tmp/cca02876.s
GNU C++ version 1.34.1 (68k, MIT syntax) compiled by GNU C version 1.34.
 as -mc68020 /tmp/cca02876.s -o bug.o
[3]: g++ -c -DBUG -v bug.c
g++ version 1.34.1
 /home/wiener/local/lib/gcc-cpp -+ -v -DBUG -undef -D__GNU__ -D__GNUG__ -Dmc68000 -Dsun -Dunix -D__mc68000__ -D__sun__ -D__unix__ -D__HAVE_68881__ -Dmc68020 bug.c /tmp/cca02880.cpp
GNU CPP version 1.34
 /home/wiener/local/lib/gcc-c++ /tmp/cca02880.cpp -quiet -dumpbase bug.c -version -o /tmp/cca02880.s
GNU C++ version 1.34.1 (68k, MIT syntax) compiled by GNU C version 1.34.
In function void main ():
bug.c:18: Segmentation violation
Program c++ got fatal signal 11.