When the dentist asked Walt to come over to finalize the deal, Walt had to admit that he did not have the $1.50 to recover his shoes from the local cobbler. The dentist not only came to Walt to hand over $500 for the deal, but also gave him the cobbler's fee. Walt then began work on Alice's Wonderland, in which a child was placed against a cartoon background, but this stream of activity also went bankrupt. In 1923, Walt decided he was getting nowhere and left for Hollywood to work in the movies with just $40 in his pocket. (p. 5)

After he was unsuccessful in securing any other meaningful employment, Walt was encouraged by his brother Roy (who was living in Los Angeles at the time) to return to his earlier interest in animated productions and following Roy's successful negotiations in gaining some financial backing and a distributor,...
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