History of the British peerage much more common. The peerage ceased to be associated with wealth or land ownership. At the beginning of the century, however, such associations remained for some time. In 1909, Chancellor of the Exchequer David Lloyd George proposed the introduction of a land tax, which the landowning peers opposed. The House of Lords rejected the budget. After the general election of January 1910, the returned government introduced the Parliament Bill, which sought to curtail the powers of the Lords. When the Lords attempted to block the bill, the prime minister, Herbert Henry Asquith, threatened to have the king create two hundred
Comptroller General of the Exchequer was criticised by Henry Liddell in a speech in the Commons in 1840. By the 1860s Monteagle differed from the government regarding the Exchequer control over the Treasury, and the abolition of the old exchequer was already determined upon when he died in early 1866. The post was abolished by the Exchequer and Audit Departments Act 1866 by which its duties were merged with those of the Commissioners of Audit, creating the position of Comptroller and Auditor General. Comptroller General of the Exchequer The Comptroller General of the Exchequer was a position in the Exchequer of HM Treasury between 1834