The result was a resounding victory for the governing alliance, as Liberals, Progressives and their allies won 38 out of 55 seats. The Conservatives fell from fifteen seats to ten. Having lost his third consecutive election, Fawcett Taylor resigned as Conservative leader in 1933. The Independent Labour Party managed a modest recovery after its poor showing in 1927, increasing its caucus to five members. No other parties' candidates were elected, although two former Progressives were elected as independents. The Continuing Liberals fared especially poorly, and disappeared after the election.