February 12, 1926: Frances Stevenson, the mistress of David Lloyd George [DLG], gives birth to a baby girl. She names DLG as the father. He decides to accept paternity. The parents give the name Myfanwy (Welsh for beloved) to their daughter.
February 14, 1926: Margaret Lloyd George, DLG's wife, says that she will stand by her husband. She had known for several years about his infidelity with Miss Stevenson, but she knows in her heart that she is David's first and deepest love. She will love and care for Myfanwy as if she were her own daughter.
February 17, 1926: In order to take maximum advantage of DLG's public admission of adultery to stop him becoming leader of the Liberal Party, Herbert Asquith resigns as leader.
February 18, 1926 : DLG says that 'for personal reasons' he will not be standing for leadership of the Liberal Party.
February 19, 1926: Walter Runciman announces his candidature for leadership of the Liberal Party. As one of the few Liberal MPs elected in the October 1924 general election against both Tory and Labour opponents (he captured Swansea, West from Labour), he said he would keep the party independent of any pact or alliance with the Tories or Labour.
February 20, 1926: William Wedgwood Benn announces that he is standing for leader of the Liberal Party with the intention of returning the party to its radical roots.
February 21, 1926: Sir Robert Hutchison, the assistant whip, announces that he is standing for leader of the Liberal Party, He was a Lloyd George Liberal. The other two candidates were Asquithian Liberals.
February 22, 1926 : Sir John Simon declares that he is giving his full support to Runciman in the Liberal leadership contest.
March 10, 1926: First ballot of Liberal MPs: Hutchison 18 votes, Runciman 13 votes, Wedgwood Benn 9 votes. Wedgwood Benn withdraws from the contest.
March 11, 1926: Wedgwood Benn declares that Runciman has his full support in the leadership contest. He asks all the MPs who voted for him to vote for Runciman on the second ballot.
March 17, 1926 Result of second ballot of Liberal MPs: Runciman 22 votes, Hutchison 18 votes. Runciman becomes leader of the Liberal Party.