The following story appeared in the September 2004 issue of "Tar Heel Monthly," a magazine published from 2002-12 before it evolved into the Rams Club's digital magazine and eventually into "Born & Bred," which is published six times a year.
By Lee Pace
At no point was quitting an option for Arthur Smith. That would have been easy—particularly when your Dad is worth $1.5 billion (according to Forbes magazine's 2003 list of the nation's richest individuals), when you've grown up in comfortable surroundings, when you went to a prestigious Washington prep school, when your horizons are such that you read the Wall Street Journal and op-ed page of The Washington Post every day.