Paddy Ashdown became the leader of the Liberal Democrats in 1988. He inherited a party which was not in a particularly good place.
The merger of the Liberal Party and the SDP had been difficult, to say the least, poll ratings were low.
Worse still Dr David Owen continued to lead a separate force supported by MPs Rosie Barnes and John Cartwright.
Thatcher appeared to be going on forever, still with a comfortable Commons majority and showing no signs of going anytime soon.
Labour under Neil Kinnock was modernising a party very much on the left.
Dreams of breaking the mould seemed a long way off for the newly formed Lib Dems. However, the space for a radical party of the centre-left still exited if it could be rebuilt.
The Continuing SDP were seen off within a short period following humiliation in a byelection in which they finished behind the Monster Raving Loony party, and despite a surge in the 1989 European elections, the Green challenge came to nothing.
By the 1992 General Election, the good ship of Liberalism had steadied, and the crisis seemed to be a thing of the past.
Then two years later Tony Blair came onto the scene.
Paddy quite rightly viewed Blair’s project of positioning Labour more in the centre as a challenge that couldn’t be ignored, and he sought to build a new relationship based on cooperation.