David Lloyd George storm when the Conservatives, with covert support from the First Sea Lord, Admiral Jackie Fisher, campaigned for more with the slogan "We want eight and we won't wait". This resulted in Lloyd George's defeat in Cabinet and the adoption of estimates including provision for eight dreadnoughts. In 1909, Lloyd George introduced his People's Budget, imposing a 20% tax on the unearned increase in value of land, payable at death of the owner or sale of the land, and ½ d. on undeveloped land and minerals, increased death duties, a rise in income tax, and the introduction of Supertax on income
Owen Lloyd George, 3rd Earl Lloyd-George of Dwyfor with a schoolboy atlas and no knowledge of Wales) and delivered at Llanystumdwy one hour before the funeral. On the death of his father on 1 May 1968 he succeeded as Earl Lloyd-George of Dwyfor and became an active member in the House of Lords. He held the office of Deputy Lieutenant (DL) of Dyfed in 1993. Lloyd-George married first Ruth Margaret Coit (died 16 May 2003) on 8 September 1949, but they divorced in 1982. With Coit he had three children, two sons and one daughter: He married secondly in 1982 to (Cecily) Josephine, Countess of Woolton (1925-2012), daughter