People's Budget called the People's Budget "a revolutionary concept" because it was the first budget in British history with the expressed intent of redistributing wealth equally amongst the British population. It was a key issue of contention between the Liberal government and the Conservative-dominated House of Lords, leading to two general elections in 1910 and the enactment of the Parliament Act 1911. The Budget was introduced in the British Parliament by David Lloyd George on 29 April 1909. Lloyd George argued that the People's Budget would eliminate poverty, and commended it thus: The budget included several proposed tax increases to fund the
E. S. Lloyd Christopher Lloyd. Lloyd arrived in Madras on 21 December 1894 and served as Assistant Collector and Magistrate. In September 1902, he was appointed District Collector and magistrate, Bangalore. Lloyd was appointed President of Madras Corporation in 1906 and served till 1910. In his later life, Lloyd served as Revenue Secretary and Finance Secretary of Madras Presidency. For a brief while in 1923, he also acted as Chief Secretary. Lloyd died in 1945. Lloyd was made a Companion of the Order of the Star of India in the New Year Honours of 1924. E. S. Lloyd Ernest Sampson Lloyd (26 May