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
Chamberlain of the Exchequer by the monarch. Appointed by the junior Chamberlain in Fee (usually the owner of the manor of Highworth) until 1290, when that office was forfeited to the Crown, and thereafter by the monarch. Chamberlain of the Exchequer The Chamberlains of the Exchequer were officials of the English Exchequer from its creation until 10 October 1826, when the offices were abolished and their duties transferred to the Auditor of the Exchequer. The chamberlains originated as subordinates of the master chamberlain assigned to serve in the treasury, and migrated into the Exchequer as it became established under Henry I. The office of