- Creator Backlash: The short itself was an immediate flop. Reasons included that the short was stiff and lethargically paced, and that Midas came off as too one-dimensional and too unsympathetic for audiences to care about him. As such, Walt immediately disowned the cartoon and forbade anybody from ever bringing it up around the studio. This failure was also so hard on him that he gave up directing cartoons altogether, stepping aside to become a full-time producer.
- Old Shame: Walt Disney was reportedly so irked when the production was brought up to him in conversation that he reminded his staff never to speak of it again.
Trivia / The Golden Touch