Éamon de Valera from the controversy. That stance helped return de Valera to power in the 1951 general election, but without an overall majority. His and Fianna Fáil's popularity was short-lived, however; his government introduced severe, deflationary budgetary and economic policies in 1952, causing a political backlash that cost Fianna Fáil several seats in the Dáil in by-elections of 1953 and early 1954. Faced with a likely loss of confidence in the Dáil, de Valera instead called an election in May 1954, in which Fianna Fáil was defeated and a Second Inter-Party Government was formed with John A. Costello again as Taoiseach. On
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: