One penny a week from 4,000,000 of working men would mean a yearly income of L866,000. We are always hearing that the working classes cannot find enough money to pay the election expenses of their own parliamentary candidates nor to keep their own Labour members if elected. If 4,000,000 workers paid one penny a week (the price of a Sunday paper, or of one glass of cheap beer) they would have L866,000 at the end of a year. Election expenses of 200 Labour candidates at L500 each would be L100,000. Pay of 200 Labour members at L200 a year would be L40,000. Total, L140,000: leaving a balance in hand of L726,000. Election expenses of 2000 candidates for School Board, Municipal Councils, and Boards of Guardians at L50 per man would be L100,000. Leaving a balance of L626,000. Now the cause of Labour has very few friends amongst the newspapers. As I have said before, at times of strikes and other industrial crises, the Press goes almost wholly against the workers. The 4,000,000 men I have supposed to wake up to their own interest could establish weekly and daily papers of _their own_ at a cost of L50,000 for each paper. Say one weekly paper at a penny, one daily paper at a penny, or one morning and one evening paper at a halfpenny each. These papers would have a ready-made circulation amongst the men who owned them. They could be managed, edited, and written by trained journalists engaged for the work, and could contain all the best features of the political papers now bought by working men. Say, then, that the weekly paper cost L50,000 to start, and that the morning and evening papers cost the same. That would be L150,000, and the papers would pay in less than a year. You see, then, that 4,000,000 of men could finance 3 newspapers, 200 parliamentary and 2000 local elections, and pay one year's salary to 200 Members of Parliament for L390,000, or less than _one halfpenny_ a week for one year. If you paid the full penny a week for one year you could do all I have said and have a balance in hand of L476,000. Surely, then, it is nonsense to talk about the difficulty of finding money for election expenses. But you might not be able to get 4,000,000 of men to pay even one penny. Then you could produce the same result if _one_ million (half your present Trade Union membership) pay twopence a week. And even at a cost of twopence a week do you not think the result would be worth the cost? Imagine the effect on the Press, and on Parliament, and on the employers, and on public opinion of your fighting 200 parliamentary and 2000 municipal elections, and founding three newspapers. Then the moral effect of the work the newspapers would do would be sure to result in an increase of the Trade Union membership.