Dallas was initially founded in 1841 and was formally made in to a city in 1856. This city is quite well-known for its significant role particularly in the petroleum industry and some others like; transportation, banking and telecommunications. Dallas was simply another small town dotting on the frontier of Texas until the American Civil War in which it became part of the Confederate States of America.
In 1839, a lawyer from Tennessee, John Neely Bryan who had thirst for adventure came wandering around in the area. The place immediately clicked him for he believed it to be a perfect trading hub and a great town. So, he set off to close all his affairs in Tennessee and came back to Dallas in 1841.
That’s when he laid claim upon 640 acres of land and planned to build a town. Gradually the city started to grow as railroads came to the area and other major institutions like Federal Reserve Bank and Dallas Love Field Airport.
After the Civil War, Dallas like other towns was affected by the great depression in the beginning due to which by 1931 more than 17000 people were unemployed. Despite the town establishing a ‘work for food’ program the numbers only grew until the discovery of the oil which restored the economy of Dallas. With the aid of financial institutions the oil industry began to soar high. Plenty more small businesses sprang up all over the town to support the oil fields which were abundant and productive.
In 1960 the city entered in to a convulsive state along with many other cities in the U.S when President John F. Kennedy was assassinated on a downtown street. This incident made the world think ill of Dallas and thus all the people lost their self esteem until the leadership of Mayor J. Erik Jonsson the city regained its strength.
The mid to late 1980’s proved to be a period of turmoil when all the banks of the city collapsed from the Savings and Loans crisis. It hit so hard that the city was shaken completely with all the millions of dollars worth of development going to scrap. Dallas, TX remained in recession during 1990’s as well but after the massive growth in technology the businesses sprang back to life.
It was not until 2005 that the city began to grow and proved once again to be a prosperous and flourishing industrious American city that its founders had known it for.
Of course, something very rich in the Dallas history is also sports!