26 JANUARY 1924, Page 2

Last week Mr. Churchill sent a letter to a correspondent;

in which he differed from Mr. Asquith's policy. He expressed the opinion that the installation 'of -a Socialist Government -would be " a serious national misfortune, such as usually befalls great States only on the morrow of defeat in war." In his opinion the simplest way of avoiding this misfortune would have been to send an Address in reply to the King's Speech which, while expressing a want of confidence in Mr. Baldwin's Ministry, would also repudiate thosP Socialistic ideas which were so signally defeated at the- polls.

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