CHAPTER 7: The Boom Busts
For most of 1929, Toledo seemed poised for a bright, prosperous future as its economy continued to grow. Toledo ranked twenty-sixth nationally in 1928 for industrial production, and its per capita income was also among the highest in the state. Many new taxpayer-funded construction projects were underway, including a new campus for The University of Toledo on Bancroft Street. [chapter summary]
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