Exchange was a Liberal/Conservative and Allies marginal constituency and its elections were influenced by what guidance the electors were given by Nationalist leaders.
In this era the area was represented by Conservative Members of Parliament, until the Labour Party captured the seat in 1945.
The constituency comprised Abercromby, Central, Granby, Low Hill, and St James wards.
However the successor constituency was named Liverpool Scotland Exchange, combining as it did the central and northern riverside parts of the city.
Bigham is appointed a judge on the Queen's Bench division of the High Court of Justice, and resigned.