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
Port of Galveston Galveston Wharf Company took control of the port in 1869. They built a grain elevator in 1875, leading Galveston to become a major grain exporter over the next few decades. By 1878, the port of Galveston was the nation's 3rd largest cotton exporter; they fell to 5th by 1882. Galveston's wealth and great esteem was due in large part to the port's activity. As other areas of the United States began to transition to a more industrial economy, Galveston was unable to compete. The port continued to primarily export agricultural goods. Local leaders often blamed the lack of industrial goods