EXHIBIT 23.3
                        Consent of Independent Auditors

We consent to the reference to our firm under the caption "Experts" and to the
use of our report dated January 24, 2002, except for Note H and Note S, as to
which the date is February 8, 2002, in Pre-Effective Amendment No. 2 to the
Registration Statement (Form S-4 No. 333-89200) and related Prospectus of The
Stanley Works and The Stanley Works, LTD. for the registration of 92,000,000
shares of its common stock.

                                                           /s/ Ernst & Young LLP

Hartford, Connecticut
July 3, 2002