David Lloyd George land ownership. By the age of twenty-one, he had already read and taken notes on Henry George's "Progress and Poverty". This strongly influenced Lloyd George's politics later in life; the People's Budget drew heavily on Georgist tax reform ideas. Articled to a firm of solicitors in Porthmadog, Lloyd George was admitted in 1884 after taking Honours in his final law examination and set up his own practice in the back parlour of his uncle's house in 1885. The practice flourished, and he established branch offices in surrounding towns, taking his brother William into partnership in 1887. Although many Prime Ministers
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