"There is no one in British history more experienced in small majorities than myself." So said Harold Wilson last week as he watched the results of Britain's second general election in less than eight months. Despite polls that showed the Labor Party winning by a margin of possible landslide proportions, Wilson came out of the election with a wafer-thin parliamentary majority319 seats in the House of Commons, or two more than half of the totaland the smallest popular vote (39.3%) for any majority government in Britain's history.
The underwhehrdng Labor victory was nonetheless sufficient to give Britain the stable government...