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Herbert Henry Asquith, 1st Earl of Oxford and Asquith, KG, PC (12 September 1852 – 15 February 1928) was Prime Minister of the United Kingdom from 1908 to 1916. As Prime Minister, his Liberal Party government passed social legislation beginning the modern British welfare state and reducing the power of the House of Lords. He was the leader of the country during World War I and formed a wartime coalition with the Conservative Party. He was was forced to resign in favor of David Lloyd George due to disagreements over military strategy and conscription, leading to a split between the two that began the decline of the Liberal Party.
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More important still, perhaps, the sanctity of treaties and of the public law of Europe has been finally vindicated; and last, and most important of all, we have set up in the League of Nations a new international polity which promises, if it is given free scope and full authority, first to bring about progressive disarmament, and next to provide in future a rational and humane substitute for the ruinous arbitrament of war.
[T]hree of the most important resolutions, namely, those relating to the Most-Favoured-Nation treatment, protection against dumping or unfair competition, and the adoption of measures to render the Allies independent of enemy countries as regards essential industries, were proposed by the British delegates and passed at the Conference in the form in which they were put forward.