BRITISH BYE-ELECTION. THE AUSTRALIAN TARIFF.

Gisborne Times, Volume XXV, Issue 2168, 26 August 1907, Page 2

BRITISH BYE-ELECTION.

THE AUSTRALIAN TARIFF.

STATE OF PARTIES UNALTERED United Presß Association—Copyright Received August 26, 1.6 a.m. LONDON, August 25. Owing to Captain Hervey, R.N., sitting as member for Bury-St.-Ed-munds, succeeding to tho Peerage as Marquis of Bristol, a bye-election to fill the vacancy resulted: Hon. W. Guinness (Conservative) .1631, W. B. Yates (Liberal) 741. [Captain Hervey joined the British Navy in 1877, and was promoted captain in 1901. At last general election Captain Hervey defeated Mr. Yates by a majority of 434. At the four previous elections Conservatives were returned —on two occasions unopposed.]

SUGGESTION THAT CREDIT WILL BE INJURED. United Press Association —Copyright Received August 25, 4.47 p.m. LONDON, August 24. In a question asked in the House of Commons Mr. Cox suggested that as the new Australian tariff is likely to impede Australia’s development, and thus impair its credit, it would be expedient to omit Australian stocks from the list o*f trustee securities. Mr. Asquith replied that the Australian Commonwealth Parliament was still considering the tariff. It was impossible to foresee the final shape. He .added that the Lord High Chancellor mas not empowered to exclude from the category of trustee securities any colonial stock which complies with xlie requirements of the Colonial Stock Act of 1900.