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 Christopher Lloyd. Lloyd arrived in Madras on 21 December 1894 and served as Assistant Collector and Magistrate. In September 1902, he was appointed District Collector and magistrate, Bangalore. Lloyd was appointed President of Madras Corporation in 1906 and served till 1910. In his later life, Lloyd served as Revenue Secretary and Finance Secretary of Madras Presidency. For a brief while in 1923, he also acted as Chief Secretary. Lloyd died in 1945. Lloyd was made a Companion of the Order of the Star of India in the New Year Honours of 1924. E. S. Lloyd Ernest Sampson Lloyd (26 May