Complex sentence: He was convicted of falsifying documents to understate imported wristwatches' value in 1948 and fined, and consequently the ALP did not endorse him for Watson in the 1949 election.
Split into simpler sentences: He was convicted of falsifying documents to understate imported wristwatches' value in 1948 and fined. Consequently the ALP did not endorse him for Watson in the 1949 election.