Walker was re-elected by an overwhelming margin in 1929, defeating Socialist Norman Thomas. Walker's fortunes turned downward with the economy after the stock-market crash of 1929. Patrick Joseph Hayes, the Cardinal Archbishop of New York, denounced him, implying that the immorality of the mayor, both personal and political in tolerating "girlie magazines" and casinos, was a cause of the economic downturn. It was one of the causes that led to Tammany Hall's pulling its support for Walker.