2. 1920’s Texas Economy = Very Good 1

3. Governor of Texas- Dan Moody 1927-1931

5. October 29, 1929‘Black Tuesday’ October 29, 1929 Worst day in Wall Street. $26 BILLIONStocks fell by 40%- a loss of $26 BILLION. President Hoover 2 3

6. Banks failed. Banks failed. 4

7. Business laid off workers to reduce expenses. 5

8. homesMany were unemployed & lost their homes. Squatters built shacks. 6

9. Many families became migrant. By 1930 3 million kids were not going to school Moving from place to place in search of jobs. 7

10. Man in hobo jungle killing turtle to make soup Many of the poor would eat them. They would make souvenirs & try to sell them.

11. By 1933- 15 million workers were unemployed. 8

12. Things still good in Texas 1930- Big oil discovery in East Texas. 9

13. Texans elect new governor Ross Sterling 1932- 300,000 Texans were unemployed.

14. Soup kitchens & breadlines helped give out food.

15. Overproduction of East Texas oil fields. Barrel of oil $1.00 to.08

16. Crop prices drop. Prices drop to.06 a pound.

17. Too much farming & ranching in Great Plains caused soil erosion. Drought caused soil to be dry & loose.

18. Wind would cause huge clouds of dust. Worst storms = black blizzards. 1935 Black Blizzard blocked out the sun in Amarillo for 11 hours.

21. New President & Vice President Herbert HooverCharles Curtis PresidentVice President Franklin D. Roosevelt John ‘Cactus Jack’ Garner 10 11

22. John ‘Cactus Jack’ Garner Texas lawyer.Texas lawyer. Congressman for 15 years.Congressman for 15 years. One of the most powerful vice- presidents in history.One of the most powerful vice- presidents in history. Helped support ‘New Deal’ policies.Helped support ‘New Deal’ policies. Retired in 1940.Retired in 1940.

24. New Deal CCC- 27 camps in Texas 2,500,000 men employed throughout U.S. $30.00 a month Built 31 state parks in Texas. Abilene Balmorhea Bastrop Big Spring Blanco Bonham Buescher Caddo Lake Cleburne Daingerfield Davis Mountains Fort Parker Garner Goliad Goose Island Huntsville Indian Lodge Inks Lake Lake Brownwood Lake Corpus Christi Lockhart Longhorn Cavern Meridian Mission Tejas Mother Neff Palmetto Palo Duro Canyon Possum Kingdom Tyler 0

25. WPA completed projects throughout Texas during the Depression. Dealey Plaza, Dallas San Antonio river walk San Jacinto Monument 0 0 0

26. Samuel Rayburn Re-elected 24 times to the U.S. House of Representatives. Democrat Speaker of the House for 24 years. Promoted Roosevelt’s New Deal.

27. Great Depression ?’s 1. Shares of ownership. 2. To raise money. 3. A global economic slowdown in the 1930’s. 4. Give out food. 5. cotton-.06 centsoil.08 cents 6. Glossary 7. New Deal 8. John ‘Cactus Jack’ Garner 9. Civilian Conservation Corps 10. 100,000