The party received 26 representatives in Parliament of Norway in the 1909 election, but the numbers sank, and by the 1933 election the party was without seats. In 1933 the party changed its name to the Liberal People's Party (). Part of the explanation for the defeat in the 1933 election has been credited an electoral cooperation with National Unification (NS). After the defeat the party leaned closer towards NS, which gave even worse results in the 1936 elections. By then most members had joined the Conservatives, and in 1945 the party was formally dissolved to the advantage of the Conservatives.