Chancellor of the Exchequer In late 1922 dissatisfaction was steadily growing within the Conservative Party over its coalition with the Liberal David Lloyd George. At a meeting of Conservative MPs at the Carlton Club in October, Baldwin announced that he would no longer support the coalition, and famously condemned Lloyd George for being a "dynamic force" that was bringing destruction across politics. The meeting chose to leave the coalition, against the wishes of most of the party leadership. As a direct result Bonar Law was forced to search for new ministers for a Cabinet which he would lead, and so promoted Baldwin to the position of Chancellor of the Exchequer. In the 15 November 1922 general election the Conservatives were returned with a majority in their own right.
Chancellor of the Exchequer In late 1922 dissatisfaction was steadily growing within the Conservative Party over its coalition with the Liberal David Lloyd George. At a meeting of Conservative MPs at the Carlton Club in October, Baldwin announced that he would no longer support the coalition, and famously condemned Lloyd George for being a "dynamic force" that was bringing destruction across politics. The meeting chose to leave the coalition, against the wishes of most of the party leadership. As a direct result Bonar Law was forced to search for new ministers for a Cabinet which h.e would lead, and so promoted Baldwin to the position of Chancellor of the Exchequer In the 15 November 1922 general election the Conservatives were returned with a majority in their own right.