24 SEPTEMBER 1932, Page 3

* * * * By-Election Inferences There is not very

much comfort to be got by anyone out of the Twickenham election result. The Conservative candidate fought largely on Ottawa (though the essential facts about the Ottawa agreements arc still undisclosed) and his party's majority fell from 25,000 to under 5,000. But the total poll dropped by 14,000, little over half the electorate voting, and it has to be remembered that at. recent elections the Conservative majority has been less than it is now. That the impetus that carried the National Government to triumph last autumn has slowed down is obvious enough. If the Liberal Ministers leave the Cabinet, as is probable, and Liberal candidates intervene in most constituencies the Government will no doubt lose a few by-elections. But there is no sign of any marked political change yet.

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