Nationalizations, protectionist economic policies, and many state monopolies were created. However İsmet İnönü was in favor of an even stricter etatism, and could not fully agree with his economic policies. On 1 November 1937 Atatürk appointed Bayar as Prime Minister of the 9th Government of Turkey after İnönü left the government. During the Bayar government, the Denizbank Law, which continued the statist approach, was enacted and several nationalizations were made. However there was no significant change in the composition of the government nor a significant change in economic policy. He continued to serve as prime minister when Atatürk died and İnönü became president in 1938 (10th government of Turkey). Differences of opinion with İnönü led him to resign from the premiership on 25 January 1939. The rivalry between İnönü and Bayar became one of the most significant rivalries in Turkish history. Creation of the Democrat Party During the Second World War, Bayar's political activity was limited; though he was re-elected as a member of parliament, he shunned from the cabinet. After 1943, he took a moderate opposition to the government. The end of World War II brought about a global wave of democracy, which resumed the power struggle in the one-party regime between the two versions of statism espoused by İnönü and Bayar. Opposition to the CHP administration surfaced during the voting of the 1945 Budget Law; Bayar, Adnan Menderes, Fuat Köprülü, Refik Koraltan, and Emin Sazak voted against the bill in the voting held for the seven-month budget of the Şükrü Saracoğlu government. The division within the party became more evident on 7 June, 1945, when Bayar, Menderes, Koraltan and Köprülü submitted a motion to the chairmanship of the CHP Parliamentary Group asking for "amendments to the Party's statute and some laws", known as the "motion with four signatures". The motion demanded political liberalization in the country and in the party, but was soundly rejected by the members of the CHP Central Council. On 21 September, 1945, the CHP Council unanimously expelled Köprülü and Menderes from the party, and after a short time Koraltan. Bayar resigned from his parliamentary position in September 1945 and from the CHP in December 1945. On January 7, 1946, the four founded the Democrat Party (DP) and Bayar was elected as the leader of the party. The party program of the DP featured Bayar style approaches to economic policy, political democratization, decreasing the power