Read it through once

In the political crisis of 1910 two questions are uppermost--a constitutional change and a fiscal change. In order to defeat the latter proposals the Liberals in part have created the former situation. The King can act only upon the advice of his Ministry unless tacitly and by unusual agreement, as latterly was the case with King Edward, he acts as a conciliatory force. If the Government asks him to create 300 peers so as to compel the acceptance of legislation curbing and crippling, if not abolishing, the Upper House, he can either assent or refuse. Assent means the destruction of a portion of the Constitution--and a portion very close to the Throne and which acts as a real buffer against the hasty action of an impetuous and sometimes imperious Commons. Refusal means that the Ministry must resign or go to the country on an issue in which it is quite possible the people will not support them.