Though the immediate cause of the Parliament Act was the House of Lords' rejection of Lloyd George's budget in 1909, the deeper cause was the late 19th‐cent. disintegration of the Whig Party which carried the Liberal Unionists into the ranks of the Conservatives, thus confirming a permanent Conservative majority in the Upper House and placing Liberal legislation at the mercy of the peers. The Act declared that a money bill could be presented for royal assent after one month, even without the Lords' consent, and other public bills after two years. The duration of Parliament was changed from seven to five years. It was carried in the Lords by 131:114 only after Asquith, prime minister, had extracted from a reluctant George V a pledge to create enough Liberal peers if necessary to carry the measure. By the Parliament Act of 1949 the delaying power of the Lords was reduced to one year.
Subjects: British History.