Rallied with the national opposition by 1921, the PȚB was effectively split over merging into a caucus formed by Ion Mihalache's Peasants' Party and the independent agrarian faction led by Constantin Stere. Halippa supported such a fusion, and took his supporters out of the PȚB; Inculeț reclaimed for himself the party leadership, and, in 1922, formed an alliance with the governing National Liberals. Marginally defeating Halippa and Stere in the election of 1922, the PȚB was again co-opted into government. Inculeț and his supporters entered the National Liberal Party in early 1923, leaving the surviving rump party to merge with the Romanian National Party in September.