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(Texas did not vote in 1864 and 1868 due to the Civil War and Reconstruction). [6] In the post-Civil War era, two of the most important Republican figures in Texas were African Americans George T. Ruby and Norris Wright Cuney. Ruby was a black community organizer, director in the federal Freedmen's Bureau, and leader of the Galveston Union League.
Texas counties by GDP in 2021 (chained 2012 US$) The economy of the State of Texas is the second largest by GDP in the United States after that of California. It has a gross state product of $2.694 trillion as of 2023. [7] In 2022, Texas led the nation with the most companies in the Fortune 500 with 53 in total. [8]
Within Texas, the economy depended heavily on the cultivation of cotton. In 1834, Texas exported over 7,000 bales of cotton. Ranching was also lucrative, and Texas exported over 5,000 head of cattle in 1834. [47] Lumber was exported in small quantities, primarily to Matamoros. [48] In the mid-1830s, Texas imported approximately $630,000 worth ...
Because of the consistent Jekyll and Hyde weather this year, a Texas AgriLife Extension cotton economist said this cotton season will be the most uncertain he has ever analyzed.
Austin is the capital of Texas. The State Capitol resembles the United States Capitol in Washington, D.C., but is faced in Texas pink granite and is topped by a statue of the "Goddess of Liberty" holding aloft a five-point Texas star. The capitol is also notable for purposely being built seven feet taller than the U.S. national capitol. [1]
Cotton fields in the United States. The United States exports more cotton than any other country, though it ranks third in total production, behind China and India. [1] Almost all of the cotton fiber growth and production occurs in the Southern United States and the Western United States, dominated by Texas, California, Arizona, Mississippi, Arkansas, and Louisiana.
The Cotton-Holiday was a 1931 proposal by Louisiana Governor and US Senator-elect Huey Long to alleviate a surplus of cotton. The holiday would have banned cotton production in 1932, decreasing supply and raising prices. It has been credited as the first suggestion of artificial scarcity as a solution to the Great Depression.
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