By LAWRENCE FRENCH As George Schaefer’s position as head of RKO (as well as the Mercury’s chief supporter) became extremely precarious, Herbert Drake, the press representative for Mercury productions, sent Welles this plan to help with his public relations efforts regarding IT’S ALL TRUE and the increasingly hostile RKO regime, which would soon be headed … Continue reading The Memos Part X: George Schaefer resigns as RKO president; urges studio to save extra negative and postive cuts made to Orson Welles’ ‘The Magnificent Ambersons’