A discussion of the effects which the 1900 storm had on the development of Galveston City from a business perspective.
Written in 2002; 1,251 words; 5 sources; MLA; $ 42.95
Paper Summary:
This paper examines how Galveston City was devastated by one of the worst ever storms to strike America on September 8, 1900 claiming the lives of more than 8000 people and the total destruction of properties. It looks at how in the book ?Isaac's Storm,? Erik Larson describes how Isaac Monroe Cline, a chief staff of the American meteorological department studied the progress of this devastating storm and how it had a destructive effect on the business climate of this once commercially vibrant city. It analyzes the effects the storm had on the development of the city as well its economy and industry.
Outline
Galveston City (Before the Storm)
Impact of Hurricane
Insurance Sector
The Current Economic Situation
Tourism
The Galveston Port
Conclusion
From the Paper:
"The impact of the hurricane on the corporate sector was not the least in any way. The Galveston economy was never fully restored or recovered from the terrible disaster. Galveston, which so far surpassed Houston in attracting business investors, suffered a big loss of confidence on the part of the investors. Oil business flourished in neighboring Houston and this lured the international business community away from Galveston. Furthermore the city which was serving as one of the busiest trading ports in the whole of the United States was experiencing a virtual trading dead lock. Galveston, which was a leading port in cotton exports, suffered a severe loss in that sector also. The greatly successful cotton trade was drastically affected because of the total ruin of the Galveston port. The city lost its position as the leading cotton trader in the country and this affected its economy in a big way."
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