Nicolae Iorga presented his cabinet's resignation in May 1932, returning to academic life. This came after an understanding between Carol II and a rightist PNȚ faction, who took over with Alexandru Vaida-Voevod as Premier. The PND, running in elections under a square-in-square logo (回), was rapidly becoming a minor force in Romanian politics. It survived through alliances with the National Liberals or with Averescu, while Argetoianu left it to establish an equally small agrarian group. Iorga concentrated on redacting memoirs, published as "Supt trei regi" ("Under Three Kings"), whereby he intended to counter political hostility. He also created the Museum of Sacred Art, housed by the Crețulescu Palace.