. The person credited with the idea of the equine celebration is W. Henry Davis. . The Tennessee Walking Horse is an all-American breed, born of necessity, family love, and pride. News & Updates. The town is a hub of the Tennessee Walking Horse industry and has been nicknamed "The Walking Horse Capital of the World". Head-markings are predominately white; often bald, apron or bonnet faced. Shelbyville Tn. Celebrating two southern favorites, R.C. 4. Join Festivalnet.com now to unlock additional details,