Francisco A. Cárdenas
Governor Cárdenas had to overcome many challenges caused by the world recession in 1929. Among the issues include the fall in state's income as this forced the president to order that the salaries of public servants be reduced. Many reforms were made to the finance laws which caused the property tax to increase in cities throughout the State. At the same time, taxes on salaries were created. Despite the economic difficulties, the industrial sector's growth did not slow down its growth. In fact, new factories were created.