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
David Lloyd George House of Commons (20 December) Lloyd George also argued that the collapse of Russia and defeat of Italy required further "combing-out" of men from industry, in breach of pledges given to the trade unions in 1916. Auckland Geddes was given increased powers to direct labour – a new bill became law, despite the opposition of the Amalgamated Society of Engineers, in February 1918. The unions were placated with the Caxton Hall conference (5 January 1918), at which Lloyd George outlined Allied war aims. He called for Germany to be stripped of her conquests (including her colonies, and Alsace-Lorraine, annexed in