12 JANUARY 1924, Page 1

It is now _safe_to say that the few attempts at

bringing about an anti-Socialist fusion before the King's Speech is delivered are breaking down, as we expected they Would. Hardly anybody doubts. that when the time comes Mr. Baldwin will be defeated on an amendment to the Address moved by the Labour Party. In the ordinary course, Mr. Baldwin will then advise the King to send for Mr. Ramsay MacDonald. Naturally, in these circumstances, much the most interesting and important speech of the week has been that which Mr. Ramsay MacDonald delivered at the Labour Party's " Victory Celebration" in the Albert Hall on Tuesday. Mr. MacDonald did not exclude the possibility that the Labour Party's eggs May not hatch out, but he evidently believes that he is almost certain to take office, and he declared that the eggs were "progressing normally and in accordance with the natural laws of creation."