
74. "In the 1920s New Orleans remained—by far—the wealthiest city in the South. Its Cotton Exchange was one of the three most important in the world. Its port was second only to New York. Its banks were the largest and most important in the South. According to a Federal Reserve study, New Orleans had nearly twice the economic activity of Dallas, the South's second-wealthiest city, and between double and triple that of Houston, Atlanta, Memphis, Louisville, Richmond, or Birmingham."