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 a united ticket against Stanley Baldwin's policy of protective tariffs. Baldwin both feared and despised Lloyd George, and one of his aims was to keep him out of power. He later claimed that he had adopted tariffs, which cost the Conservatives their majority, out of concern that Lloyd George was about to do so on his return from a tour of North America. Although there was press speculation at the time that Lloyd George would do so (or adopt US-style Prohibition to appeal to newly enfranchised women voters), there is no evidence that this was his intent. Asquith and Lloyd