BRITISH ELECTIONS.

Hokitika Guardian, 13 December 1923, Page 3

BRITISH ELECTIONS.

LATEST CABLE NEWS

[Reuters Telegrams.] < ONSERYATIY IS’ ECRCJIASU. LONDON. Dec. 12. 'The “Daily Herald” states that the Conservative Party's organisation lias purchased the ''.Morning I’ost.” at a price which will astonish those neen.-:-tomed to (handling newspaper property. POLITICAL V ISITS. (Received this day at 10.10 a.m.) LONDON, Dec. 12. Mr Baldwin's interview with Mr Asquith was merely for the purpose of courteously eominniiieaUng the decision lo remain in office until the meeting of Parliament. There uas no discussion regarding the policy. Mr Raidwin similarly interviewed Mr Mac Donald.

ELECTION GAM RUTS. (Received this day at 10.2 A a.m.) LONDON. Dec. 12 The ‘ Daily Mail” says the election panic on the Stock I'lxehango L tonight’s scare, but the panic is not among investors, hut the hundreds of impecunious clerk' who are laced on Friday with the settlement of enormous losses through rashly gambling on the return of the Government with a majority, certainly not under forty. Thus a buyer of a majority at thirtylive, instead of v. inning live more, loses the stake plus ninety-live minority, a total of Pit) sterling. It is estimated the losses will amount to hundreds ol thousands. There is a move afoot to prohibit similar gambles in the future.

I.A lit il'li'S ATTITUDE. t’Koeoived this day af JO u.m.i 1.1 UNDONE f Veetl.bcl' 12 Tin. Labour Party have decided lo acfi|': any ill vit s *Ti< >ll In frirni a Govern incut , lint i Ivy arc nnalilc to asji'c' tany form til' Coalition. MU ASQUITH'S fIKf.U. (Received this day at J 1.2 d a.m.) LONDON, Dec. I'd. .Mr A stj ij i 11 1 informed .Mr Baldwin that he, personally, was ready tn give any help he considered in the lest intcrelss of the country. LABOUR PARTY'S INTENTIONS. (Received this day at 11.10 a.m.) LONDON, Dec. Id. The “Daily Man” states that the feeling regarding the formation ol a constitutional party is manifesting itself at the Liberal conclaves. The tirsfc meeting of the Natinuid Executive of the Labour Early (leeitled t" seize the first (nnsiitutinal leans cl turning out the (iovernment, ‘ln* nrecise method to he decided at a confluence of the Uarliameutary Labour Party on the eve id' the meeting of Parliament. If the opportunity arises on the Addiess-in-Reply it will he >■ iseed, otherwise the issue will In- forced on the uiim|>loyineut (pio-liuii. the executive believing that .Mr Ramsay .MacDonald will he invited to form a (lovernment within three months. The executive decided it would assume office if the occasion arose, hut would not agree to any lorni ol Coali-