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The 1887 Liverpool Exchange by-election was held on 26 January 1887 after the death of the incumbent Liberal MP David Duncan. It was retained by the Liberal candidate Ralph Neville, with a narrow majority of 7 votes.
Goschen was Chancellor of the Exchequer. He had voted against Gladstone's Home Rule Bill in 1886 and became a Liberal Unionist. He subsequently lost his seat at Edinburgh East at the 1886 general election.[1]
Lord Randolph Churchill resigned as Chancellor of the Exchequer on 22 December 1886. The Marquess of Salisbury appointed Goschen to the post on 14 January 1887.[2][3] He became the sole Liberal Unionist in an otherwise Conservative government.
Goschen was therefore Chancellor outside the House of Commons and contested the by-election to return to the House.[4]
Party | Candidate | Votes | % | ±% | |
---|---|---|---|---|---|
Liberal | Ralph Neville | 3,217 | 50.1 | −1.4 | |
Liberal Unionist | George Goschen | 3,210 | 49.9 | +1.4 | |
Majority | 7 | 0.2 | −2.8 | ||
Turnout | 6,427 | 81.2 | +11.8 | ||
Liberal hold | Swing | -1.4 |