96 THE STORY OF THE U.F.O. 



the Directors have exercised most commendable 

 caution in dealing with all these perplexing 

 matters, and have confined their attention 

 mainly to those activities which were un- 

 questionable the marketing of the products 

 of the farm and the purchase of supplies. It 

 would be time enough to consider manufac- 

 turing and other enterprises when the Com- 

 pany had become firmly established on the 

 basis already chosen. Generally speaking, 

 therefore, all such questions have been turned 

 down or at least postponed. 



Of recent activities little need be said. The 

 opening of branch stores is being held in check 

 until that department is further tested out. 

 Very necessary attention has been given to the 

 accounting, and efforts are being made to per- 

 fect the service in lines already in operation 

 rather than to start new ones. The present is a 

 most difficult time for all commercial under- 

 takings and one would not be surprised if during 

 the next few years, the United Farmers Co- 

 operative Company, in common with all busi- 

 ness, should pass through rather trying times. 

 Let us hope that it may finally take its place as a 

 permanently useful instrument in the hands of 

 Ontario farmers for the building up of the great 

 industry of Agriculture and for the making of a 

 better Canada. 



