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
E. S. Lloyd E. S. Lloyd Ernest Sampson Lloyd (26 May 1870 – 7 August 1945) was an Indian civil servant who served as the President of Madras Corporation from 1906 to 1910. Lloyd's Road in Chennai, India is named after him. Born in England, Lloyd was born in Wednesbury on 26 May 1870 and educated at Clifton College and Lincoln College, Oxford. He passed the Indian civil service examinations of 1893 and was appointed to the Madras cadre. Lloyd married Mary Young at Droitwich on 8 June 1899 and had three sons - William Anthony Sampson Lloyd, Philip Montague Lloyd and Charles