The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1910-12-03
Reduced Majority forAl.
lies at English Elec-
tions Expected.
ANOTHER VOTE
SEEMS PROBABLE
Heavy Loss Would Probably
Cause Premier Asquith to Re-
sign, in Which Case Balfour
Presumably Would Be In
vited to Form New
Cabinet.

London, December 2.-There has
been steady decline in the stock ex-
change price Of coalition stock since
tho opening of the electoral campaign.
Starting at 40 as the probable major
efy for the coalition of parties. the fig
ure gradually has dropped until 1t now
ranges in the neigbborhood of sixty.
If the brokers are we'll inspired the
chances that the present struggle will
settle the great constitutional ques-
tions now before the country seem re-
mote. Should Proniier Asquith and his
I Nationalist and Laborite allies be re-
turned to power with anything like SO
reduced a majority as here indicated,
1t is freely predicted thxt the Premier
Will resign.
BnIfour to Take Charge.
In that case A. j. Balfour, the op-
position leader and prime minister in
1ao2-o5, presumably woula be invited
by King George to form z new cabinet.
and everything would be again thrown
Into the melting pot as the only course
open 10 Balfour would be another APP
peal to the country
Old campaiSners think that a sud
den push such as would he made by
turnover In seats at to-morrow's cleo
tlons might easily start landslide,
and If this occurs the indications are
that Il is moro likely TO. be in favor
OF tnionism and Radicalism.
The nucleus of the new House Oh
Commons was formed to-day by the
unopposed nomination and consequent
return of eleven Unionists and four
Radicals. All were members of the las,
House. so there has been no transfer
OF seats from one party 10 the other.
Results Already Achieved.
The unionists elected include Joseph
Chamberlain Birmingham a, J. Bal
four. clty OF London: George WIND
ham Dover, and j. s. Harmcod Hammer.
Liverpool, while ThoHos Burt Long.
the representative of the miners IN
Morpctii, somep back on the Liberal
side A. a lIaworth had an uncxpec,-
I'd walk over In south Manchester. the
Gnionist candidate =. *. Giaaebrook,
turning UP six minutes after the time
Tor fling nominations had expired
.lazebrool explained that he had
thought that the hours for Ming nom
nations were from l. 10 . o'clock, but
his protest was disallowed and Ha-
worth was declared elected.
Tomorrow will see seventy polls.
5'he constituencies are 50 scattered
throughout the United Kingdom that
tho results should furnish a fair index
OF the feeling of the country. Thirty
six of these seats formerly we're held
by Liberals. twenty-siy by Unioiists
and eight BY Laborites-
Chosen %. Small MnjorltIcs.
In many cases the maJoritics wcrc
SO small that the verdict of last Janu-
AIRY may easily he reversed. Political
prophets arc at sea. as the elections
are being held on the old register.
and there have been so many removals
since spring that the canvassers have
been unable to trace many thousands
of the voters on record Consequently
the vote probably will be smaller than
heretofore.
One unionist forecast Is net gain
of thirty seats. and LTnionist optimists
sec the possibility of an antii-Sovern-
nent landslide. However the conf
dence of the Liberals in a return to
power with an undminished coalition
majority is mistaken.
Dcprccnte Referendum.
The few days of discussion In the
general election campaign leave 1t
Slear tina, the Liberals as 9 party will
reform. All the Liberal leaders, from
Premier .Asduith ard Lord President Of
the Council Morley down, in their pub
lie speeches since the pronunciamento
Of A. j. Balfour, the opposition leader.
OF his willingness to leave tariff re-
form TO referendum. have frankly
depreca ted the referendum as being un-
suited to Great Britain. and as tending
to DESTROY the responsibility OF repre-.
sentative institutions.
Meantime. however. further famil-
larry with the idea has had the effect Of
Its favor, and Mr.. Balfours courage
In adopting II is hailed now as having
secured for his party an excellent pros
pect Of victory at the elections.
Nm, 1r,y
tonight, Mr., ,Balfour said in a speech,
at Cirimsby that no Isfshman would
thank the people for an INDEPENDENT
panied by a British subsidy.
4 Sir Edward Grey. the foreign minis
ter. said in a speech at Berwick
The great measure of devoiution Is
necessary to save the House of Com
of business and to save it's reputation
as an Imperial authority. There Is
nothing in John Redmond'.s home rule
proposition which is not in full force
IN the Canadian provinces"
Birrcll Cirtticizes Proposal,
Mr.. Birrell, chief secretary for Ire.
land, critisizing the referendum pro.
posal In a speech at Bristol, said that
IT would have to be accompanied by
universal suffrage,
Among the amusing episodes of the
was one tonight al Ipswich
Where David T4loyd-GeorSe, chancellor
of the eXcllequer, repudiated the as
lEertion of tho unionists that he had
and invested the proceeds In American
Eecurities
John Burns, president OF the local
government board, speaking at Fins
bury, expressed the belief that 'NIr.
Balfonr is a cunning.-old free trader at
MORE .AMERICAN DOLLARS
Another Itcmittancc OF $4,000 For-
warded to Irlsl, National Party
Boston, Mass, ADocembcrl e.--On the