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
Exchequer of Ireland English Exchequer, the Exchequer of Ireland was divided into two parts; the judicial, or Superior Exchequer, which was a court, and the receipt, or Inferior Exchequer, which was tasked with receiving rents and other revenues for The Crown. The principal purpose of the Exchequer was to act as a treasury, taking in revenues, with the receipt department collecting money and the court acting in cases where this money was not paid, or where there was some dispute over it. As with the English Exchequer, the judicial part was a court of both law and equity, and was occasionally known as