[4] Following this Lennon was arrested, tried and sentenced to five years in prison for his part in the robbery of a bank at Bagenalstown, County Carlow.

[1] By 1933 Lennon began to publicly express anti-semitic views, voicing conspiracies that Jews controlled global banking and finance.

In 1941 Lennon was "responsible for the Irish National Monetary Reform Association issuing its historic constitution and manifesto".

[5] Lennon and the IMRA sought to promote a fusion of Social Credit ideas with fundamentalist Catholicism and fascistic corporatism.

Even before the election, Flanagan's rise was a source of jealousy and infighting amongst the IRMA, which became split into pro-Lennon and pro-Flanagan camps.

The in-fighting lead to no IRMA candidate running in the Carlow–Kilkenny constituency but fielding two in Laois–Offaly, where the pro-Lennon Henry Milner was beaten decisively by Flanagan.

Although Flanaghan was indeed expelled for his actions, the bulk of the membership sided with Flanagan, and walked with him into a new, separate organisation called the "Irish Monetary Reform Party".