As·quith 
(ăskwĭth), Herbert Henry First Earl of Oxford and Asquith. 1852-1928.
(ăskwĭth), Herbert Henry First Earl of Oxford and Asquith. 1852-1928. British Liberal politician and prime minister (1908-1916) who introduced unemployment insurance and old-age pensions and supported the Parliament Act of 1911, which established salaries for elected members and restricted the power of veto in the House of Lords.