(Atatürk) Pasha and the Turkish Independence Movement. While on the road the Anzavur rebellion threatened Bursa, so Mustafa Kemal asked Bayar to stay in Bursa to fend the rebels off. He was briefly a member of the Green Army Organization and the Turkish Communist Party, a foax communist party set up by Mustafa Kemal to counter the influence of the Communist Party of Turkey. He became the deputy of Bursa in the newly established Grand National Assembly of Turkey. The same year, he served as deputy minister of the economy and ın 1921 he was appointed as the minister of the economy. He led the negotiation commission during Çerkes Ethem's uprising. In 1922, Bayar was a member of the Turkish delegation during the Lausanne Peace Conference as an advisor to İsmet İnönü. One-party period Bayar was elected as a member of the Association for the Defence of National Rights of Anatolia and Rumelia (ADNRAR) in the 1923 election, serving as a deputy of İzmir in the Parliament. ADNRAR soon renamed itself Republican People's Party (CHP) and continued a one party state started by the CUP in 1913. On 6 March 1924 Celâl Bayar was appointed Minister of Exchange Construction and Settlement (until 7 July 1924). Bayar was influential in determining the economic policy of the regime as a result of being in Mustafa Kemal's close circle during this period. A policy of a modern and state supported capitalism was pursued. On 26 August 1924, Atatürk commissioned Bayar to found a national bank, which resulted in the foundation of İşbank in Ankara by using as capital the gold bullion sent by the Muslims in India to support the Turkish War of Independence. The Aşar tax was abolished, land was distributed, the Teşvik-i Sanayi Kanunu (Industry Incentive Law) was enacted, railway construction was accelerated, and the Central Bank was established. The effects of the Great Depression caused this more "liberal" policy to be replaced by statism. During his teneurship as economic minister (between 1932-1937), Bayar became one of the leading advocates of statism. Bayar understood statism as an effective tool in the creation of a nationalist and capitalist economy. Bayar's term as economic minister saw an increase in regulatory interventions in the economy by the state, and high levels of industrialization. For this purpose, the First Five-Year Industry Plan was enacted. Institutions such as Sümerbank and Etibank were established to finance industrialization.