Is Victor Fox one of the guys who was "set up" by the guys behind the scenes? If so, was he set up by the distributors? Berk's post says that Fox went bankrupt because the distributor went under. So is all that bogus? Financial under the table shenanigans? If the Berk Fox post can be trusted in this Down But Not Out section (never mind the other inaccuracies), can you shine some light on the what went on in the world that you've studied?
And did Bowles (Holyoke) have some connection with any of the creditors Berk names (Bulkley, Dunton & Co., Phelps Publishing, and Chemical Photo Engraving Inc.)? It would seem like he must have or why else did he end up with Blue Beetle?
I'm pretty sure that the statement that " Fox started a new line of comics and wrested Blue Beetle Comics back from Holyoke Publishing Co." is a gross oversimplification of a much more complex deal, but perhaps you can sort that out for us as well. We're trying to deal in the real world here, not in the maze of indicia.
Jim,
I always was in awe of the your efforts identifying so many great illustrators and comic artists.
If anyone is leery of what I say they can contact people like Steve Rowe or read what Gerry Jones says about my input to his MEN OF TOMORROW. I spent much time tracking comic industry personnel and their activities towards a book that has been delayed by my current work.
Most of what I am summarizing I can provide specifics from documents, conversations, etc. Feel free to contact me offlist.
Fox, who was indicted for securities fraud in the 30s, started in 1936 with an Astrology mag and branched out into other psychic stuff. His entry into comics was well-financed, but investors got leery after the DC lawsuit. Distributor Kable was dragged into the legal battle and dropped him, so a decision was made to start a dedicated Distribution op to carry the comics as well as Fox's girly mags and his ESQUIRE imitation. They were working on a soft drink distribution program when TSHTF. One reason was the partners owned a bottling plant - you can guess what their product line was.
Due to internal industry politics Fox wasn't supported by the regional wholesalers. This was the cause of the collapse of Fox publishing and their distribution network. Contrary to what many may think, the success of a comics line depended as much or more on wholesalers being behind a product as the content itself.
From what I have learned, Holyoke was Bowles using a Temerson front operation. Bowles Holyoke based newspaper had their own Sunday Comics press, engravers, paper sources. As a primary creditor he just assumed control of the Fox leftovers and it was decided to only continue with the BLUE BEETLE title.
Fox did petition to get back his assets in 1944. No one really cared much then as anything and everything was selling out. Fox was hooked up with the race horse set who had their reasons for dabbling in publishing. They did sleazy paperbacks and girlie gag mags too.
Before someone accuses me of making this stuff up, I'll quote a Al Feldstein remembrance from the ECCOMICS Yahoo list, Jan 9, 2003.
"I was warned by many people that Victor Fox was in big financial trouble, having invested in The San Juan Racetrack in Puerto Rico with (and this was only rumor!) the "Bent-Nose Guys"...that the project was in deep trouble...and that I should make sure that I was fully paid for each issue as I completed it and not get in too deep with Fox"
I'd say it's unlikely Fox ever had full control of any of his comic operations. The underbelly publishing end of things was endlessly interniecine and surreptitious.
When I dismiss attempts to quantify publishers and their lines it's because things just don't break down so simply. These fly-by-nite companies were controlled by gamblers, disbarred lawyers and numbers racketeers as a sideline. There was minimal formalism in terms of publishing infrastructure, management and staff. Interests were often bought and sold.
One has look at them as 'virtual' operations to fully grasp how the mechanics.
Mike