The question of the Party System is becoming more and
more acute. Lord Derby has made a speech to Lancashire Unionists in which he calls for a new and unified Conservative Party, but deprecates Lord Salisbury's desire to drive the moderate Liberals out. Whether or not this means that Lord Derby would support a party led by a "moderate" Liberal is not clear. Indeed, the position seems to be hardening into the question whether the new parties shall be two or three in number. There will obviously be a strongly progressive party, with more or leas Pozialistic tendencies, which is at present called the Labour Party, and there will obviously be a Constitutional Democratic Party with conservative tendencies, which is at present called the Unionist Party. The question is whether there will be another party, founded presumably on old-fashioned Liberal doctrines, the nucleus of which is at present called the "Wee Free" Liberals.
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