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
Red Book of the Exchequer misleading publication in the whole range of the Rolls series". The view of modern scholars is that, while Round's behaviour and language was intemperate and unnecessarily offensive, there was a degree of truth in his criticism of Hall's work. In Margaret Procter's words (paraphrasing Sellar and Yeatman), "Round had been shown to be (largely) right but repulsive and Hall as (largely) wrong but romantic". Red Book of the Exchequer The Red Book of the Exchequer ("Liber Rubeus" or "Liber ruber Scaccarii") is a 13th-century manuscript compilation of precedents and office memoranda of the English Exchequer. It contains additional entries and