 However, despite its liberal image, the coalition passed the Peace Preservation Law in 1925.Following Katō's death, the party was led by Wakatsuki Reijirō, but his cabinet was unable to weather the Shōwa financial crisis of 1927.The "Kenseikai" merged with the "Seiyū Hontō" in June 1927 to form the "Rikken Minseitō".