Free State of Galveston but authorities were never able to make the charges stick, and indeed some sources claim that they were genuinely false. Like much of the country, and particularly Texas, Galveston boomed in the 1920s. But even the Great Depression did not stop Galveston's run of prosperity. Despite the financial ruin that faced much of the country during the Depression, not a single Galveston bank failed and unemployment was almost unheard of. Key business sectors in Galveston during the "Free State" era were casinos and prostitution, in addition to many legitimate businesses. During much of the period, the vice industries provided the
Free State of Galveston the Gulf Coast and along the shores of the bay. Immediately after the hurricane, Galveston worked to revive itself as a port and an entertainment center, including the construction of tourist destinations such as the Hotel Galvez, which opened in 1911. In the same year, the Galveston–Houston Electric Railway opened and became recognized as the fastest interurban rail system in the country. Galveston's port was also rebuilt quickly, and by 1912 had become the second-leading exporter in the nation, behind New York. Nevertheless, after the 1900 storm and another in 1915, many avoided investing in the island. Galveston had been