The many, but it could be the few (4)
I believe the answer is:
them
'it could be the few' is the definition.
I know nothing about this answer so I can't tell whether it can be defined by this definition.
'the many' is the wordplay.
'many' becomes 'm' (Roman numeral for a thousand).
'the'+'m'='THEM'
'but' acts as a link.
Can you help me to learn more?
(Other definitions for them that I've seen before include "Others" , "(To/from) those people" , "Let -- eat cake" , "Certainly not us, the other lot" , "Perhaps, the Opposition" .)