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
Port of Galveston than expected pace, requiring more dredging in 2016. The western part of the port will be dredged from a dept of to , at a cost of $12-15 million. To accommodate cruise ships, the area where the ships turn around is routinely dredged every four years. During the late 19th century, the port was the busiest on the Gulf Coast and considered to be second busiest in the country, next to the port of New York City. In the 1850s, the port of Galveston exported approximately goods valued almost 20 times what was imported. The main export was cotton. The