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GROWING RICH WITH GROWTH STOCKS<br />
been an active investor herself. She was so intrigued by Russia during<br />
her trip there as a college student, she made studying the country a<br />
lifelong career. She has traveled there 25 times and is an ac<strong>com</strong>plished<br />
speaker and author on both Russia and China. Her Ph.D. thesis, entitled<br />
“The Soviets at Geneva,” chronicled Russian behavior at the League<br />
of Nations. It received renewed interest following World War II, when<br />
the United Nations was formed. Today, Kathryn is as busy as ever.<br />
She lives in Florida and continues to lecture on the history and sights<br />
of Russia to audiences around the nation. (Ironically, the Davis family<br />
has never invested in Russia.) She is a trustee of Wellesley College,<br />
her undergraduate alma mater, still likes to travel, and is always up<br />
for a swim and good game of tennis.<br />
MEET SHELBY, JR.<br />
The senior Shelby Cullom Davis didn’t want his son to be known<br />
merely as “junior.” So he gave him an extended version of his own<br />
name: Shelby Moore Cullom Davis. The Moore was a logical addition;<br />
both men were named after a Republican politician from Illinois:<br />
Shelby Moore Cullom. Cullom spent 50 years in public office during<br />
the late 1800s and early 1900s. He served two terms as governor of<br />
Illinois, two terms in the House of Representatives, and 30 years as<br />
a U.S. senator. Senator Cullom was credited with founding the Interstate<br />
Commerce Commission, which was set up to regulate the railroads.<br />
He established the Commission after be<strong>com</strong>ing convinced that<br />
farmers in his state were being victimized by the railroad <strong>com</strong>panies.<br />
It cost them more in freight charges to send grain from Springfield,<br />
Illinois, to Chicago by rail than from Chicago to Liverpool, England,<br />
by ship. In other words, the railroads were gouging farmers on short<br />
hauls, and the Interstate Commerce Commission was put in place to<br />
stop that. (Fifty years later, most of the railroad <strong>com</strong>panies were nearly<br />
bankrupt, and the Commission was finally repealed by President<br />
Ronald Reagan.) When Theodore Roosevelt was president, Senator<br />
Cullom was also chairman of the Foreign Relations Committee, which<br />
helped to pass legislation for financing the construction of the Panama<br />
Canal. The younger Shelby Davis still has a painting of Senator Cullom<br />
in his office, as does son Chris, who now occupies his grandfather’s<br />
old office on Fifth Avenue in New York.<br />
From now on, when I refer to “Davis,” I’ll be talking about Shelby<br />
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