22 FEBRUARY 1930, Page 1

News of the Week

The New Party THE co-operation of Lord Beaverbrook and Lord Rothermere in forming a new political party has caused considerable excitement. ' It is natural that it should, even though the menace to existing parties may be much less serious than the organizers of the new party believe There hit§ been no politiCal event comparable with this in modern politics except perhaps the formation of the National Party after the War: The creators of that party had not an obedient Press at their disposal and their publicity was, '-therefore, much less startling. The party soon faded' awak.- The fact that Lord Reaverbrook and Led -Rothermere 7- betwe6n them can cover the country with appeals through their various organs will not,- however, intiznidate Opponents of the new fiscal ''gosliel' who remember Eon% the popular news- papers enthusiastically but unavailingly supported Mr. Joseph Chamberlain's Tariff Reform campaign.