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 the Exchequer of Receipt, including standard weights and measures and standard pieces of gold, silver, and copper. The inaugural Comptroller was Sir John Newport, 1st Baronet, who was replaced on 18 April 1835 by Thomas Spring Rice, 1st Baron Monteagle of Brandon, who also served as Chancellor of the Exchequer. Lord Monteagle retained the role after he left the Cabinet in 1839, despite Lord Howick's strong opposition to the maintenance of the office. The holder of the position received the generous salary of £2,000 per year, and the office became widely seen as an extravagant and unnecessary position. Its retention