This paper discusses one representative segment of the Serbian interwar conservative identity discursive formation. Being transposed to the Serbian interwar context, European spiritual, cultural and socio-political crisis frames such a discursive configuration that implies diverse programmatic strategies for its overcoming.The analysis of this “conservative palingenesis” permutation in Serbian context would be organized around the set of rhetorical figures and would-be analytical devices, such as: counter-adamism, doubled-liminality and substance without form.