 He was seconded by a Central Council, or "Sfat", whose members were also elected during the congress.On that occasion, Filipescu announced that the LVȚ was primarily a conservative movement indebted to Britain's Conservative and Unionist group (which he described as a "traditional organism" rather than a party), and also a direct successor to the defunct Romanian Conservative Party.On March 10, 1932, he took his party out of the governing alliance, censuring Iorga's fiscal policies in the wake of the Great Depression.