The situation would change only several years later with a new industrial boom fostered by CORFO and the expansion of the state apparatus from the late 1930s. At this time, the aristocracy lost much of its power and the middle class, composed of merchants, bureaucrats and professionals, acquired the role of setting national policy. In this context, Santiago began to develop a substantial middle- and lower-class population, while the upper classes sought refuge in the districts of the capital. Thus, the old moneyed class trips to Cousino and Alameda Park, lost hegemony over popular entertainment venues such as the National Stadium emerged in 1938.