Free State of Galveston "Wall Street of the Southwest" and by 1900 the city had one of the highest per capita incomes in the U.S. Though nearby Houston was emerging as an important city in its own right, Galveston was the state's cultural and economic center at the time. Vices such as prostitution and gambling, which were common throughout Texas during the 19th century, continued to be tolerated to various degrees on the island in the early 20th century. The 1900 Galveston hurricane was an unparalleled disaster. Estimates of the death toll range from 6,000 to 12,000 people, in addition to many more on
Free State of Galveston nephew of Sam and Rose, claimed that most of the equipment was shipped to Las Vegas before authorities ever discovered it. As the vice industries crashed, so did tourism, and the rest of the Galveston economy declined with it. The economy stagnated during the 1950s, and after 1957 the "Free State" was effectively gone. Fort Crockett, which had been used as an Army recreation center following the war, was shut down in 1955. Many of the island's most important entertainment business leaders left the city and set up shop in Las Vegas. Neither the economy nor the culture of the