From 1865 to 1885, Nathan Rothschild sat in the House of Commons as Liberal Member of Parliament for Aylesbury. His father Lionel had previously been elected for the City of London from 1847 but had been unable to take the obligatory oath until 1858; they were MPs together from 1865 to 1868 and from 1869 to 1874. Baron Rothschild In 1847, his uncle Anthony Nathan de Rothschild (1810–1876) was made a baronet in the Baronetage of the United Kingdom. Since Sir Anthony had no male heirs, upon his death, the baronetcy passed by special remainder to his nephew Nathan. In 1885, Rothschild became a member of the House of Lords when he was created Baron Rothschild, of Tring in the County of Hertford, in the Peerage of the United Kingdom. He was also a hereditary Freiherr (baron) of the Austrian Empire, a noble title that he had inherited via his father. In 1838, Queen Victoria had authorized the use of this Austrian title in the United Kingdom. When he was raised to the peerage by Gladstone, Rothschild was the first Jewish member of the House of Lords not to have previously converted to Christianity. (Disraeli had been created Earl of Beaconsfield in 1876, but he was baptised into Anglicanism at age twelve.) In common with the rest of his family, Rothschild joined the breakaway Liberal Unionist Party, formed in 1886 by Joseph Chamberlain, which ultimately merged into the Conservative Party. In 1909, he was famously derided by David Lloyd George, then Chancellor of the Exchequer, over his opposition to the People's Budget, when the latter said, at a meeting at the Holborn Restaurant on 24June that year: "I really think we are having too much Lord Rothschild. Are we to have all ways of reform, financial and social, blocked, simply by a notice-board; 'No Thoroughfare. By Order of Nathaniel Rothschild'?" Rothschild recommended the Lords reject the Parliament Bill, which was, however, passed. In 1914, after the outbreak of World War I, Rothschild was consulted for economic advice by Lloyd George. At his first invitation to confer at the Treasury, when asked what could be done to raise more money for the war effort, Rothschild reportedly answered: "Tax the rich, and tax them heavily." Personal life On 16 April 1867, he married Emma Louise von Rothschild (1844–1935), a double first cousin (i.e., they shared both sets of grandparents) from the Rothschild