However, Inoue declined forming his cabinet partly because Eichi SHIBUSAWA did not become Minister of Finance against Inoue's expectation, and partly because Rikken Seiyukai (Friends of Constitutional Government Party) was in chaos.
が、期待していた渋沢栄一の大蔵大臣就任が実現せず、同じく立憲政友会も混乱状態にあったため、井上は組閣辞退を表明した。