Éamon de Valera on a formal coalition agreement, something de Valera was unwilling to concede. However, while Fianna Fáil was six seats short of a majority, it was still by far the largest party in the Dáil, with 37 more TDs than the next largest party and rival, Fine Gael (the successor to Cumann na nGaedheal). Conventional wisdom held that de Valera would remain Taoiseach with the support of independent deputies. However, this was brought undone when the other parties realised that if they banded together, they would have one seat fewer than Fianna Fáil, and would be able to form a government
Éamon de Valera in Belfast, and some continuing status for the King as head of the Commonwealth. Ireland's share of the imperial debt was to be paid. After the Treaty was narrowly ratified by 64 to 57, de Valera and a large minority of Sinn Féin TDs left Dáil Éireann. He then resigned and Arthur Griffith was elected President of Dáil Éireann in his place, though respectfully still calling him 'The President'. On a speaking tour of the more republican province of Munster, starting on 17 March 1922, de Valera made controversial speeches at Carrick on Suir, Lismore, Dungarvan and Waterford, saying that: