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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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