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
George S. Chase George S. Chase George Salisbury Chase (1909–1972) was an American composer for film and library music, born in Brooklyn, New York on October 23, 1909 to George S. and Florence E. (Reynolds) Chase. The 1940 U.S. Census records his occupation as "musician, church." In 1957, Chase was hired by R.T.F. Music Publishing Corp., a subsidiary of Thomas J. Valentino, Inc., to write background and production film music. He was employed by the company until his death. Chase composed under the pseudonym of Michael Reynolds for the Major Record library produced by Valentino. He was also known under the pseudonym "Franz