Corn is raised chiefly by the peanut
farmer, whose peanuts grow between his corn-rows.
While the banks are "carrying" the peanut farmers, pending their fall
harvest, the activities of the "truckers" are at their height, so that
the money loaned to one class of agriculturist is replaced by the
deposits of the other class; and by the same token, of course, the
peanut farmers are depositing money in the banks when the "truckers"
want to borrow. This situation, one judges, is not found objectionable
by Norfolk and Portsmouth bankers, and I have been told that, as a
corollary, these banks have never been forced, even in times of dire
panic, to issue clearing house certificates, but have always paid cash.
Norfolk has grown so fast and has so rapidly replaced the old with the
new, that the visitor must keep his eyes open if he would not miss
entirely such lovely souvenirs of an earlier and easier life, as still
remain. Who would imagine, seeing it to-day, that busy Granby Street had
ever been a street of fine residences? Yet a very few years have passed
since the old Newton, Tazwell, Dickson and Taylor residences surrendered
to advancing commerce and gave place to stores and office
buildings--the two last mentioned having been replaced by the Dickson
Building and the Taylor Building, erected less than fifteen years ago.
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