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 on 12 June, five days before the conference was due to start, he suffered a stroke which put him out of action for three months. Lloyd George was given a rapturous welcome. Asquith resigned as party leader in October, dying in 1928. As Liberal leader at last, Lloyd George used his fund to finance candidates and put forward innovative ideas for public works to reduce unemployment (as detailed in pamphlets such as the "Yellow Book" and the "Orange Book"). Lloyd George was also helped by John Maynard Keynes to write "We can Conquer Unemployment", setting out economic policies to solve