crisis In the last year of his life, Edward became embroiled in a constitutional crisis when the Conservative majority in the House of Lords refused to pass the "People's Budget" proposed by the Liberal government of Prime Minister Asquith. The crisis eventually led—after Edward's death—to the removal of the Lords' right to veto legislation. The King was displeased at Liberal attacks on the peers, which included a polemical speech by David Lloyd George at Limehouse. Cabinet minister Winston Churchill publicly demanded a general election, for which Asquith apologised to the King's adviser Lord Knollys and rebuked Churchill at a Cabinet meeting. Edward was so dispirited at the tone of class warfare—although Asquith told him that party rancour had been just as bad over the First Home Rule Bill in 1886—that he introduced his son to Secretary of State for War Richard Haldane as "the last King of England". After the King's horse Minoru won the Derby on 26 July 1909, he returned to the racetrack the following day, and laughed when a man shouted: "Now, King. You've won the Derby. Go back home and dissolve this bloody Parliament!" In vain, the King urged Conservative leaders Arthur Balfour and Lord Lansdowne to pass the Budget, which Lord Esher had advised him was not unusual, as Queen Victoria had helped to broker agreements between the two Houses over Irish disestablishment in 1869 and the Third Reform Act in 1884. On Asquith's advice, however, he did not offer them an election (at which, to judge from recent by-elections, they were likely to gain seats) as a reward for doing so. The Finance Bill passed the Commons on 5 November 1909, but was rejected by the Lords on 30 November; they instead passed a resolution of Lord Lansdowne's stating that they were entitled to oppose the bill as it lacked an electoral mandate. The King was annoyed that his efforts to urge passage of the budget had become public knowledge and had forbidden Knollys, who was an active Liberal peer, from voting for the budget, although Knollys had suggested that this would be a suitable gesture to indicate royal desire to see the Budget pass. In December 1909, a proposal to create peers (to give the Liberals a majority in the Lords) or give the prime minister the right to do so was considered "outrageous" by Knollys, who thought the King should abdicate rather