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
Auditor of the Receipt of the Exchequer Chamberlains of the Exchequer devolved upon the Auditor. The office was abolished, with several other offices of the ancient Exchequer, on 10 October 1834. To 10 October 1834. Auditor of the Receipt of the Exchequer The Auditor of the Receipt of the Exchequer was an office in the English Exchequer. The office originated in early times as the clerk of the Lord High Treasurer at the Receipt of the Exchequer. He was responsible for filing and entering the Teller's Bills from the Tellers of the Exchequer, certifying monies received to the Lord Treasurer, and auditing the books of the Tellers.