The party thinks that the economic heyday of the Uruguay at the end of the 19th century was a consequence of the application of political initiatives founded in the liberal ideas, and that the abandonment of the same ones on the part of the successive governments from the Batlle period has determined the process of social and economic deterioration that the country suffers from 1955.

They agreed on a Program of Principles, gave the Liberal Party an Organic Letter, named the first director and Julio Vera as its first president; one week later they presented to the Electoral Court the Request of Motto (see Ley de lemas).

In the above-mentioned instance, the Liberal Party obtained slightly more than 1.500 votes and Julio Vera was elected as candidate.

In this occasion, the election of authorities determined the continuity of Julio Vera as President of the Liberal Party, and Jorge Borlandelli as "formula companion" or Vice-president candidate.

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