In April, 1908, Sir Henry Campbell-Bannerman resigned the premiership and was succeeded by Mr. Asquith and a Liberal Cabinet, in which David Lloyd-George held the position of Chancellor of the Exchequer, and soon began to push the most radical financial and social measures which have ever been advanced in England. In May, 1908, Great Britain, together with France, Russia, and Italy, withdrew her troops from the island of Crete, and in October joined France and Russia in preventing the outbreak of war in the Balkans. After the Franco-German agreement in regard to Morocco had been signed in February, 1909, a conference was held between the German Chancellor, Prince von Buelow, and Sir Charles Hardinge, with the result that the German-English relations, which had been far from cordial for a number of years, were adjusted. The refusal of the House of Lords to pass Lloyd-George's budget, containing revolutionary provisions for taxation, resulted in the dissolution of Parliament by King Edward in February, 1910. The election of the new Parliament clearly showed that the country was in favor of the Liberal Government, which shortly after the opening of the new Parliament showed its disapproval of the rejection of its budget by the House of Lords by the introduction of a Parliament Reform Bill. The budget was passed by the Upper House in April, 1910, but not until after the Commons had passed a resolution limiting greatly the veto power of the House of Lords. King Edward VII died on May 6, 1910, after a short illness and was succeeded by his son as George V. Just how much King Edward's personal influence was responsible for the shaping of his country's foreign politics during his reign it is hard to determine. Much has been written about this question, and more undoubtedly will be said in the years to come. The fact remains, however, that he had a strong dislike of his nephew, the German Emperor, and an almost equally strong aversion of German customs and ideals. On the other hand he had long been an admirer of French culture and life, and he was a frequent visitor in the French capital. The rapid growth of the Franco-British friendships undoubtedly was helped along by him to his best ability. Naturally he was influenced in this matter, not only by personal prejudices, but chiefly by a conviction that his country's interests were endangered by Germany's wonderful growth, and that they could be preserved and improved more by strong alliances with other great powers than by reaching an understanding with Germany herself.