 In October 2005, the Appellate Committee of the House of Lords dismissed the Alliance's appeal against this decision, with an unusually large panel of nine Law Lords (out of then-existing twelve) holding that the 1949 Act was a valid Act of Parliament.The 1911 Act was a reaction to the clash between the Liberal government and the House of Lords, culminating in the so-called "People's Budget" of 1909.In this Budget, the Chancellor of the Exchequer David Lloyd George proposed the introduction of a land tax based on the ideas of the American tax reformer Henry George.