BRITISH ELECTION

Gisborne Times, Volume LXI, Issue 9852, 3 November 1924, Page 5

BRITISH ELECTION

GOLDEN PROMISES.

LIBERALS AND CONSERVATIVES.

ELECTION SPEECHES

(United Preea Association— Couyr»«rnt-) LONDON, Oct. 20. Air Stanley Baldwin (former'y Conservative Prime Minister), /speaking at Southend, said that only a clear Conservative majority would give Britain a ‘ stable administration and a revival of trade, which would remedy unemployment. He profnised an investigation, checking theorise of food prices. Labor’s attitude cn preference, he said, •had: shaken the confidence of the commercial world.

- Mr Llovd George, speaking at Walsall, promised a scheme of widows’ and orphans pensions. IC ahorating the Liberals’, laud scheme, he said that Britain had the worst land system in the world. . The laborer never had a chance of securing his own holding. If the land was properly developed, it should produce between £2.000,(100 " and £3.000,000 worth of food "which was now imported .

A message from Moscow says that Trotsky predicted a Conservative victory because Mr MacDonald was ‘too cowardly to init'atc a full-blood-ed working class revolution.” Tn the event of Air AlacDonald’s defeat, said M. Trotsky, Lord Curzon would probably prevent the Russian loan, hut Russia would endeavour to exist without it.

DOMINION PREFERENCE. INITIATIVE MUST REST WITH BRITISH GOVERNMENT. (Received Nov. 2, 5.5. p.m.) OTTAWA, Oct. 31. Asked if he anticipated the restoration of the Afclvenna or other preferential treatment for Canada, tlie Premier, Mr King, said the new Conservative administration must take tlie initiative. It was a matter for the British, not the Canadian Government to decide.—Reuter.

STERLING SHOWS GAIN. SEQUEL TO TORY VICTORY. EXPECTED REVIVAL OF EMPIRE TRADE. (Received Nov. 2. 5.5 p.m.) LONDON, Nov. 1. Sterling reached 4521 cents, showing a gain in excess of two ai.d a-half cents over the last two days. Iho Conservative victory in England is held largely responsible for this confidence, it being felt in financial circles that there are expectations of a trade revival throughout the British Empire. The demand for sterliug from the large banks v.as heavy and more than off-set the good-sized volume of sterling commercial bills offered in exchange for dollars. Other European currencies were firm, the general tone of the market being helped by sterling’s action. Canadian dollars were offered at a slight premium,—A, and N.Z. C'.A.

AMENDED RESULTS

CONSERVATIVES HAVE CLEAR MAJORITY OF 209. PREMIER AIAY RESIGN THIS A) EEK. ZINOVIEFF LETTER- TO BE INVESTIGATED. LONDON, Oct. 31. The Conservatives at present have a clear majority of 209, the position* of the parties being: Conservatives 405 Labor 132 Liberals Others 4.llesults.not declared 14. —Reuter. (Received Nov. 2. 5.5 p.m.) LONDON, Nor. 1. The amended position of the parties is as follows: Conservatives: -101 Liberals (including two- and five Constitutionalists

respectively 41 Labor 152 Others d Independents • ••• H Two results are outstanding. LOXDOX, Oct. 31. Cabinet sat for ninety minutes. It was decided to continue in of Fee for a few days, meeting again on Tuesday. The meeting appointed a committee to examine the question of the authenticity cf the Zinovieff letter. It is expected the investigations will be completed by Tuesday. It is believed the adjournment of the Cabinet is due to the necessity of clearing up a number cf outstanding important administrative matters, hut the question of resignation was left its the hands of the premier, and resignation without a further meeting of the Cabinet is possible. In view of the Parliamentary-posi-tion, it is regarded as probable that Mr. MacDonald will resign next week —Router

LONDON, Oct, 31. The ‘‘Daily News/’ in demanding electoral reform points oat that 7,503.000 Conservative votes returned over four hundred members; 8,500.001) Liberal and Labor votes less than two hundred members. A Conservative wa.s elected for every 19,632 Conservative votes: a Labor member for 35.474, and a Liberal for 94,100. —Sun Cable. (Received Nov. 2, -5.5 p.m.) LONDON. Nov. 2. The total votes recorded are as follows : _ „ „„„ Conservatives ' .8 *B.OOO Labor 5,541,000 Liberals 2 951,009 Independents 159,000 The “Dailv Telegraph” joints out it is Labor’s "first setback since 1910, when the party had only forty men> LONDOX. Oct, 31.

The Stock Exchange shows greatbuoyancy as a result of the election, which exceeded the highest anticipations. The advances on improved values' prior to Wednesday were giltedges half-a centum to one centum; heme railways, one centum to over tw,o centum. ‘ On the upsetting of the nationalisation scheme and prospect of a revival of trade, industrial stocks, notably textiles, iron and steel, showed substantial advances. There was even greater buoy anew on the provincial exchanges. A. and LONDON, Oct'. 31.

A Conservative, Mr. F. A. MaeQufsten, gained Argyle from a Liberal in a three-cornered contest by a majority of 3029. _ . Two Conservatives, -..Messrs. Craig, and O’Neill were re-elected for Antrim, defeating a Republican ;Mr. McCornrek, by a majority of bfeOUaA. and N.Z.C.A. _ _ , (Received NoY 2, 5.0 p.m.) At'Cambridge University, the_ Conservatives. Mr. Rnwlirson and Sir J. Rutler, retained their seats. At London Uni vers it v IN Fi*. Ernest Graham Little, an Independent, gained a coat m a four-cornered contest. Mr. Livingstone retained the Western Isles, increasing his majority m> a three-cornered contest. Reuter.

CRAIG SATISFIED' THAT ULSTER IS IMPREGNABLE. WORK OF NEW MINISTRY. LONDON, Nov. 1. Sir James Craig sent a message to Ulster saying that the result of the election is a matter for deep tharakfiuness. Ulster now stands full square and impregnable.

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The “Daily Express” says Air Baldwin intends the autumn session to be; of the briefest. The new -Ministry wli probably She the Zinovietf letter aid t.l o a complete enquiry into the abandonment of the Campbell proseeution, —A. and N.Z.C.A. APDONALD NOT DOWNHEARTED. KING EXPECTED TO RETURN TO LONDON TO-DAY. PRESS FORECASTS OF PORTFOLIOS. (Received Nov. 2,5.5 Mm.) LONDON, (Jet. 31. Downing Street was thronged -with sight-seers, awaiting members of th<* Cabinet. Acknowledging cries of “Hard luck!” Air. ADo Donald said he had not done so badly, considering what they were up against. Before the Cabinet meeting, Afr. MacDonald spent son e time si the* Foreign Office, tlie leading official whereof attended at No. 10 Downing Street.

The “Evenir'g Sttandard” understands that evidence of the authenticity of the Ziuorieff letter impressed Ministers, whose investigations are to he equally devoted to the circumstances surrounding the publication of the letter.

li. is generally expected the King will return to town cn Aloudav and Mr. MacDonald will submit Ministers’ resignations on Tuesday. Earl Grey is being strongly mentioned as successor in the Foreign Office, wherefore Air. Austen 'Chamberlain is also named, but the latter is regarded ii; some quarters as better suited to the Colonial Office.

The newspapers alternatively suggest- Sir R. Horne and Air. Austen Chamberlain as Chancellor of the Exchequer.—A. and N.Z.C.A.

STATE OF THE PARTIES. LONDON, Nov. 1. Correction: The state of parties is; Conservatives 407 (including two Constitutionalists). Liberals 41 (including five Constitutionalists). Labor 152. Independents 4. Eleven results are outstanding.—Reuter.

MUX IC IPA L CONTESTS. SOCIALISTS HAVE MANY LOSSES. LONDON, Nov. ] Sir Murdoch MacDonald ; Liberal) retained Inverness. The Socialists lost many seats m tiie municipal elections th.vuigiivjt the country yesterday but jiad sumo gams. The totals are not vet availaide.

Air Lloyd George visited Air c-uith in London.

Air AlacDonald spent the week-end at Chequers Court.

Air Baldwin ana the other leaders, arc resting in. the couutrv. —A. and N.Z.C.A.

HOW THE PARTIES STOOD

Tlie state of parties in the House of Commons after the general election on December 0 last year, and also after 11 by-elections which have been, held this year, was as follows : —= y „ A S -- . .2 | T' ii w -X » Conservatives ... 2 50 260 Labor 181 192 Liberals 157 156 Independents ... 8. 7 Gls 615 The Independents comprised 2 Irish Nationalists. 1 Sinn Fein, 3 Independent Conservatives, 1 Prohibitionist, and 1 Independent Christian Pacifist. Labor gained cue seat through an Independent, Air.. Oswald Alosley. representing the Harrow division of Aliddlesex, throwing in his lot with the Government party, and the Conservatives gained the Oxford seat from the Liberals.

MILLION URE LA EORITE

■TORIES WITHOUT VISION

LONDON, Oct, 30. Tlie Marquis of Tavistock, heir to the Duke of Bedford and cue of thegreatest ground landlords in London, declares himself a supporter of the Labor party. He told the •’Daily Express'’ that the Tories were without vision. -T have no faith in the Liberal leaders. Labor is the only progressive party. I have the greatest admiration for Air. MacDonald and believe he will solve the present troubles."’ It is stated Lord Tavistock is heir to ten millions.