Max Aitken, 1st Baron Beaverbrook to resign and stand for re-election in a by-election. Aitken made arrangements for this, but then Lloyd George decided to appoint Albert Stanley instead. Aitken was a friend of Stanley and agreed to continue with the resignation, so that Stanley could take Aitken's seat in Parliament and be eligible for ministerial office. In return, Aitken received a peerage on 23 January 1917 as the "1st Baron Beaverbrook", the name "Beaverbrook" being adopted from a small community near his boyhood home. He had initially considered "Lord Miramichi", but rejected it on the advice of Louise Manny as too difficult to pronounce.
Bertram Falle, 1st Baron Portsea the rank of Major. When the Portsmouth constituency was abolished for the 1918 general election, he was returned as a Coalition Conservative for the new single-seat Portsmouth North constituency. Re-elected as a Conservative in 1922, he held the seat until his elevation to the peerage in 1934. Falle was made a Baronet, of Plaisance in the Island of Jersey, on 7 July 1916. In 1934 he was raised to the peerage as Baron Portsea, of Portsmouth in the County of Southampton. The title was apparently purchased for £50,000 by his wife. Falle married Mary, daughter of Russell Sturgis and widow