Nationalist Republican Party The Republican Liberal Party (PLR) emerged as the largest party following the
1921 elections, narrowly falling short of winning majorities in both chambers of parliament. However, in the 1922 elections they finished a distant second to the Democratic Party. This defeat led to the PLR seeking other ways of forming a conservative republican coalition capable of defeating the Democratic Party and holding onto power.
Union of Economic Interests During the
First Portuguese Republic, associations of employers took two different approaches to promote their interests. Before 1924, they attempted to exert political power indirectly, by influencing the government and its economic policies. After 1924, they form the
Union of Economic Interests (UEI) as an attempt to exert political power directly. The UEI was led by the Commercial Association of Lisbon and also included members of other employer associations, including the União Agrária (Agrarian Union), the Associação Industrial Portuguesa (Portuguese Industrial Association) and the Associação Comercial de Lojistas (Commercial Association of Shopkeepers). Part of the UEI's political strategy included the acquisition of newspapers, including
O Primeiro de Janeiro, the
Diário de Notícias and
O Século. ==Results==