Post-war border changes in Central Europe and creation of the Eastern Bloc. . 1.1 Golden Triangle (as of 2010) Main article: 1950s Texas drought. Houston Texas Business Directory, Austin 12.2 Cities Houston Texas Business Directory. In 1900 after Galveston was struck by a devastating hurricane efforts to make Houston into a viable deep-water port were accelerated the following year the discovery of oil at the Spindletop oil field near Beaumont prompted the development of the Texas petroleum industry in 1902 President Theodore Roosevelt approved a $1 million improvement project for the Houston Ship Channel by 1910 the city's population had reached 78,800 almost doubling from a decade before African Americans formed a large part of the city's population numbering 23,929 people which was nearly one-third of Houston's residents.
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