Forty-three-year-old Adam Maitland was selected by the local Conservatives to defend the seat.
Labour changed their candidate when they chose 44-year-old Dudley Leigh Aman.
Hailwood, who had contested Southend and Northampton as an Independent Conservative, was standing in his third by-election.
His appearance at this by-election resulted in some Conservative party members 'offering violence'.
Maitland held the seat at the 1929 general election, again defeating Aman.