1909 Bermondsey by-election industry which was quite significant locally. In 1907 he became Mayor of Bermondsey. He was a supporter of Tariff Reform. Polling Day was fixed for the 28 October, just 21 days after the death of Cooper. There was a significant speech made by Chancellor of the Exchequer, David Lloyd George, at Limehouse on 30 July 1909 in which he outlined the proposals in the People's Budget. Since then, there had been no by-election in which to gauge public reaction to these proposals. The proposals therefore became central to the campaign. The Conservatives campaigned against the radicalism of the Liberals and
David Lloyd George 1924 by which American banks loaned large sums to Germany, which paid reparations to the Allies, who in turn paid off their war loans to the United States. In 1921 Lloyd George successfully concluded the Anglo-Soviet Trade Agreement. Despite much effort he was unable to negotiate full diplomatic relations, as the Russians rejected all repayment of Tsarist era debts, and Conservatives in Britain grew exceedingly wary of the communist threat to European stability. Indeed, Henry Wilson, the Chief of the Imperial General Staff, believed Lloyd George had become "a traitor & a Bolshevist". Lloyd George in 1922 set about to