BRITISH POLITICS

Waimate Daily Advertiser, Volume XXIV, 3 January 1929, Page 5

BRITISH POLITICS

NOTES AND COMMENTS. (Per Press Association —Cqpyright) LONDON, Jan. 2. “ The Daily Telegraph” lobbyist states that the Christmas truce will be followed by five months’ unceasing preparations for the elections. It is reported, from the most reliable source that the Government is planning a dissolution on May 10. If that is impossible, the election will be postponed till October. RUGBY, Docember 30. Four Parliamentary by-elections are iitiw pending. Que of these is in Northern Ireland, caused by the appointment of Sir Malcolm Macnaghten, M_P. for Londonderry, as a Judge of the King’s Bench. Other vacancies have been caused by the deaths of Sir George Hutchison, Conservative member for North Midlothian, Mr Ben Spoor, Labour member for Bishop Auckland, and Mr George Warne, Labour member for Wansbeek.

Four candidates will probably contest the Midlothian seat, the Scottish Nationalists having decided to nominate a candidate as well as each of the three principal Parties. There will be a three-cornered contest at Wansbeck.

At Bishop Auckland, where Mr Hugh Dalton, who is at present M-P. for Packham, is the prospective Labour candidate, the Labour executive has decided to invite his wife, Mrs Dalton, to contest the seat.. LONDON, January 1. Th ’‘Financial Times” analysiag

threequarters’ revenue, expresses the opinion that Mr Churchill will have a comfortable if unspectacular surplus. Prospects justify a smalt revision in taxation.

The returns of the Exchequer foi the first nine months of the current financial year show that the receipts amounted to £485,623.395, aiid the expenditure to £623,402,545 a deficit of £137,779,150. The revenue for the first nine monttis decreased £6,990,917, compared with the corresponding period of last year, and the expenditure by £19,463.156. It should be noted that the largest portion of revenue invariably comes in the last quarter of the year.