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.
Baron Trent Baron Trent Baron Trent, of Nottingham in the County of Nottingham, was a title in the Peerage of the United Kingdom. It was created on 18 March 1929 for the businessman and philanthropist Sir Jesse Boot, 1st Baronet. He had already been created a Baronet, of Wilford in the County of Nottingham, in the Baronetage of the United Kingdom on 11 January 1917. He was the son of John Boot, founder of Boots the Chemist. Lord Trent was succeeded by his son, the second Baron. He was also head of the family business. The titles became extinct on his death