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
How to Pay for the War: A Radical Plan for the Chancellor of the Exchequer John Maynard Keynes himself. How to Pay for the War: A Radical Plan for the Chancellor of the Exchequer How to Pay for the War: A Radical Plan for the Chancellor of the Exchequer is a book by John Maynard Keynes, published in 1940 by Macmillan and Co., Ltd.. It is an application of Keynesian thinking and principles to a practical economic problem and a relatively late text. Keynes died in 1946. In "How to Pay for the War", John Maynard Keynes describes a macroeconomic strategy of how Britain, a nation with a population at the time of 40 million