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 Comptroller General of the Exchequer The Comptroller General of the Exchequer was a position in the Exchequer of HM Treasury between 1834 and 1866. The Comptroller General had responsibility for authorising the issue of public monies from the Treasury to government departments. The post was created in the "Act to Regulate the Office of the Receipt of his Majesty's Exchequer" of 1834, coming into effect on 11 October that year. The position merged several offices of the Exchequer together, including that of Teller of the Receipt of the Exchequer. The Comptroller General was given custody of all the records of