Notes by [Sir Philip Sassoon] on: the set-backs suffered by the Labour party due to its links with the Co-operative and trade union movements; the continued support for the Labour Party stemming from unemployment and low wages; the failure of the pre-war party system to address itself to the post-war aspirations of ordinary people; the credit gained by the Government from the Irish settlement and the Washington Conference; the unlikelihood of a full economic recovery in the near future; the political impact of the implementation of the Geddes Report; the attempts of non-Coalition Liberals to form local electoral pacts with the Labour Party; the close links between the Irish vote and the Labour Party; the likelihood that the Government will not get immediate credit for its successful measures against unemployment and its efforts to help European economic reconstruction; the advisability from the Government's point of view of calling an early general election. Sent with CHAR 2/118/71.