Just two weeks following the United States Football Association and American Soccer League settlement, the stock market crashed. The abrupt and intense economic impact drastically affected the ASL in the league's Spring 1930 season, in which several clubs defaulted during the season, and clubs did not finish the season with the same number of matches played. Initially, the struggles in ASL did not affect the league's stronger clubs, as the Fall River Marksmen completed the double by winning both the 1930 season and the 1930 National Challenge Cup.