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.
Max Aitken, 1st Baron Beaverbrook Law School, but left after a short while. This was to be his only formal higher education. Aitken worked in a shop then borrowed some money to move to Chatham, New Brunswick where he worked as a local correspondent for the "Montreal Star", sold life insurance and also collected debts. Aitken attempted to train as a lawyer and worked for a short time in the law office of Richard Bedford Bennett, a future prime minister of Canada. Aitken managed Bennett's successful campaign for a place on Chatham Town Council. When Bennett left the law firm, Aitken moved to Saint John,