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"When Kootenay Valley Power delared bankruptcy, the farmers didn't really own land; they owned shares in a bankrupt company, so they weren't really sure if they'd lost everything. They didn't know what was happening"
- Grant Christenson

Many of the farmers had bought equipment, intending to pay for it out of their crops. When the venture went bankrupt, says Bill Piper, "International Harvester, the machinery company, took all the machinery, and put it on the hill below town." It sat there for two years.

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Once again, reclamation had failed. Discouraged and disillusioned, many of the farmers returned to their homes in the United States, leaving their farms and equipment behind.

But hope for "better luck next time" remained. Within months, a new effort was beginning.