During an idle and entertaining re-reading of Harold Nicolson's diaries I found the following entry for June 22, 1930:
I talk to Macmillan. He says that the old party machines are worn out and that the modern electorate thinks more of personalities and programmes than of pressure put upon them by electoral agents. He thinks that the economic situation is so serious that it will lead to a breakdown of the whole party system. He foresees that the Tories may return with a majority of 20 and then be swept away on a snap vote. No other single party will form a Government and then there will be a Cabinet of young men.Of course, at the moment we cannot envisage the Tories getting a majority of twenty and we already have a Cabinet of young men. We've had one of those for a long time and the talk about the old party system breaking down goes on as before.