Capital's foot soldiers' : William Kennedy McConnell, Francis Armand Bland and Millicent Preston Stanley Vaughan and the war against the Australian Labor Party during the 1940s

During the 1940s the Sydney banks (the Bank of New South Wales and the Commercial Banking Company of Sydney Ltd), the Institute of Public Affairs (NSW), the Graziers Association of NSW, the Retail Traders Association of NSW, the Sydney Chamber of Commerce, and other trade associations spent more than 1 million pounds opposing the Australian Labor Party. The mainstream political parties received some of these funds. A large percentage of the money funded campaigns waged against Labor by the Sane Democracy League, the Sound Finance League of Australia, the Australian Constitutional League, the 1946 Referendum No Committee, the NSW Constitutional League and the Australian Women's Movement Against Socialisation.