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Growing Rich - Arabictrader.com

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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bankrupt, and the Commission was finally repealed by President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 />

127

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