involving various amounts of cash nailed to, tied to or simply standing on inanimate objects". The Face magazine neatly summed up the concepts behind the art project: During the first half of 1994, the K Foundation attempted to interest galleries in staging Money: A Major Body Of Cash. However, even old friend Jayne Casey, director of the Liverpool Festival Trust, was unable to persuade a major gallery to participate. "'The Tate, in Liverpool, wanted to be part of the 21st Century Festival I'm involved with,' says Casey. 'I suggested they put on the K Foundation exhibition; at first they were encouraging, but they seemed nervous about the personalities involved.' A curt fax from... the gallery curator, informed Casey that the K Foundation's exhibition of money had been done before and more interestingly", leaving Drummond and Cauty obliged to pursue other options. The duo considered taking the exhibition across the former Soviet Union by train and on to the United States, but no insurer would touch the project. Then an exhibition at Dublin's Kilmainham Jail was considered. No sooner had a provisional date of August been set for the exhibition, however, when the duo changed their minds yet again. "Jimmy said: 'Why don't we just burn it?' remembers Drummond. 'He said it in a light-hearted way, I suppose, hoping I'd say: 'No, we can't do that, let's do this...' But it seemed the most powerful thing to do." Cauty: "We were just sitting in a cafe talking about what we were going to spend the money on and then we decided it would be better if we burned it. That was about six weeks before we did it. It was too long, it was a bit of a nightmare." The K Foundation Burn a Million Quid On 23 August 1994, in a boathouse on the Scottish island of Jura, Drummond and Cauty incinerated £1,000,000 in cash. The burning was witnessed by an old friend of Drummond's, freelance journalist Jim Reid, who subsequently wrote an article about the ceremony for The Observer. It was filmed on Hi-8 by their friend Gimpo. Reid admitted to first feeling shock and guilt about the burning, which quickly turned to boredom. The money took well over an hour to burn as Drummond and Cauty fed £50 notes into the fire. Drummond later said that only about £900,000 of the money was actually burnt – the rest