After Lang’s dismissal in May 1932 the New Guard’s membership declined rapidly. During this time Campbell had met with fascists and National Socialists such as Sir Oswald Mosley and Joachim von Ribbentrop, and in 1934 published his manifesto "The New Road", signalling the New Guard’s ideological transition as Campbell argued his case for an Australian application of Italian corporate statism. As the Centre Party, it unsuccessfully contested five seats at the 1935 New South Wales state election. The party failed to win a single seat, polling 0.60 percent of the total vote. Following the election, Campbell withdrew from public life, and both the party and the New Guard disbanded shortly afterwards.