104 THE STORY OF THE U.F.O. 



the utmost the allied farmers of Ontario had 

 done in the way of collective financing was in 

 starting the United Farmers Co-operative Com- 

 pany. But its total raised capital was then 

 only twenty-five thousand dollars, and our 

 people had not attained the confidence in their 

 own commercial capacity which they have since 

 developed. 



The directors, however, went resolutely to 

 work. Mr. Kernighan found he could not 

 devote to the Publishing Company all the time 

 required, and the management was taken over 

 by Mr. Powers. Representative men in each 

 constituency were invited to supervise the 

 obtaining of subscriptions for shares which were 

 fixed at twenty-five dollars each. Meetings were 

 held, at most of which excellent responses were 

 received to the call for funds. But the enter- 

 prise, as then entertained, i.e. a daily, proved to 

 be heavier than was anticipated. Some of the 

 wisest leaders of the movement also felt strongly 

 that it would, after all, be better to walk before 

 they tried to run, and to see whether The Weekly 

 Sun could be acquired. This feeling was the 

 more natural, in view of the Sun's long and 

 honorable service to the common cause. It 

 would be anomalous to compete against it. 



The whole matter was submitted to the annual 

 convention in December, with the result that 



