Independence Party (Iceland, historical) The Independence Party was a political party in Iceland between 1907 and 1927 . Along with the Home Rule Party , it was one of the dominant parties in the country during the early 20th century .History The party was established in 1907 by a merger of the Democratic Party and the National Defence Party . During the two elections in 1916 it was split into two factions; Þversum and Langsum. The Þversum faction finished second in the August Upper House elections , with the Langsum faction in fifth , whilst the positions were reversed in the October general elections . The party ran as a single entity in the 1919 elections , emerging as the second largest party after the Home Rule Party . It remained in the government with the Home Rule Party and Progressive Party until 1920 , when the Home Rule Party began to govern alone. In the 1922 Upper House elections the Independence Party finished fifth, with just 5% of the vote, but returned to join the Home Rule Party in a coalition government . For the general elections the following year it allied with former members of the dissolved Home Rule Party to establish the Citizens' Party . The new party won the elections with 23 of the 42 seats, with the Independence Party winning a further two seats in the Upper House . The following year saw the Citizens' Party dissolved, with most MPs forming the Conservative Party . The remaining MPs reassumed the Independence Party name, and in 1927 they founded the Liberal Party . In 1929 the Liberal Party merged with the Conservative Party to establish the modern Independence Party.
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