political right. While the march itself was composed of fewer than 30,000 men, the King feared a civil war as he did not consider strong enough previous government, and Fascism was no longer seen as a threat to the establishment. Mussolini was asked to form his cabinet on 29 October while some 25,000 Blackshirts were parading in Rome. Mussolini legally reached power in accordance with the Statuto Albertino, the Italian constitution. The March on Rome was not the conquest of power which Fascism later celebrated but rather the precipitating force behind a transfer of power within the framework of the constitution. This transition was made possible by the surrender of public authorities in the face of Fascist intimidation. Many business and financial leaders believed it would be possible to manipulate Mussolini, whose early speeches and policies emphasized free market and laissez-faire economics. While Mussolini appointed an economic liberal minister to the ecnomy, this changed as the Great Depression affected Italy along with the rest of the world starting in 1929, and Mussolini responded to it by increasing the role of the state in the economy to avoid a banking crisis. Back in October 1922, even though the coup failed in giving power directly to the Fascist party, it nonetheless resulted in a parallel agreement between Mussolini and the King that made Mussolini the head of the Italian government. A few weeks after the election, Giacomo Matteotti, the leader of the Unitary Socialist Party, requested during his speech in front of the Parliament that the elections be annulled because of the irregularities. On June 10, Matteotti was assassinated by the Blackshirts and his murder provoked a momentary crisis in the Mussolini government. The opposition parties responded weakly or were generally unresponsive. Many of the socialists, liberals, and moderates boycotted Parliament in the Aventine Secession, hoping to force the King to dismiss Mussolini. On 31 December 1924 Blackshirt leaders met with Mussolini and gave him an ultimatum—crush the opposition or they would do so without him. Fearing a revolt by his own militants, he decided to drop all trappings of democracy. On 3 January 1925, Mussolini made a truculent speech before the Chamber of Deputies in which he took responsibility for squadristi violence but did not mention the assassination of Matteotti. This speech usually is taken as the beginning of the Fascist dictatorship because it was followed by several laws restricting or