Party make Lancaster cardinal? (5,3,4,3)

I believe the answer is:

paint the town red

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'party' is the definition.
(to paint the town red is to party hard)

I can't explain the remainder of the clue.

(Other definitions for paint the town red that I've seen before include "Go on a pub crawl" , "get rid of the blues?" , "Celebrate" , "enjoy celebration" .)

I've seen this clue in The Telegraph.

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