Word: alvah
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Only One Outrage. As for the John Simon Guggenheim Memorial Foundation, said its Secretary Henry Allen Moe, "the most outrageous mistake of all" was a 1935 grant to Scenarist Alvah Bessie, who later became one of the Hollywood Ten jailed for contempt of Congress. But except for Bessie and two or three others, said Moe, the foundation had done well: like its sister organizations, it had never knowingly subsidized a subversive, and it never would...
Before long, so many defective watches were returned that Sears advertised for a repairman. Alvah Curtis Roebuck, 23, who had been earning $3.50 a week fixing watches in the corner of a delicatessen shop in Hammond, Ind., got the job. In 1891, Sears set up a partnership with Roebuck (Sears kept two-thirds control) and rapidly expanded sales by filling his catalogue with every come-on known to the sharp retailers...
Rosenwald came to the rescue again in 1895. The company was floundering and Alvah Roebuck, tired of the whirlwind, sold out to Sears for $25,000.* Rosenwald canceled some of Sears' debts to him and became a partner. He used his financial and merchandising talents to start putting Sears on its feet, and raised $40 million for expansion in a public stock issue. Then Rosenwald and Sears quarreled over Sears' selling methods. Rosenwald won out, and in 1908. Sears sold out his interest for $10 million to Goldman, Sachs, investment bankers. Sears retired and died six years later...
...first set of disclosures fell like a bomb on Hollywood. Actor Fredric March was accused of being a Communist; so were Singer Paul Robeson, Writers Dorothy Parker, Donald Ogden Stewart, Ruth McKenney, Albert Maltz, Alvah Bessie, Dalton Trumbo, Millen Brand and Michael Blankfort...
...Died. Alvah Curtis Roebuck, 84, co-founder of Sears, Roebuck & Co.; in Chicago. Roebuck organized the mail-order business with Richard W. Sears in 1887, sold out for about $20,000 in 1895, spent 45 years in & out of the firm. His stock answer to people who compared his poverty with his ex-partner's wealth: "He's dead. Me, I never felt better...