Walter Faces a Bank Run

Thomas Dickson (Walter Huston) runs a successful bank in an unnamed city in 1932 America. His bank survived the beginnings of the Depression primarily because of Dickson's gift for choosing individuals to whom to loan money. Often, Dickson makes loans on the character of the person, regardless of their collateral, yet those to whom he lent money have unfailingly paid it back. But a bank robbery threatens the integrity of the bank when word is leaked that they are broke, starting an American Madness (1932).

Shown at the AFI Silver Theatre as part of a retrospective celebrating the works of Fay Wray and Robert Riskin, the film featured commentary by their daughter,  Victoria Riskin (who recently published Fay Wray and Robert Riskin: A Hollywood Memoir). Mr. Riskin wrote the screenplay - one of eight collaborations with Frank Capra (TCM article).

Frank Capra was not the first choice to direct the film - initially Allan Dwan was set to direct, but producer Harry Cohn was dissatisfied with his efforts, fired him and assigned Roy William Neill. Within a day, Neill was gone and Frank Capra, who was just back from a vacation, was pushed into the film. Scenes of the bank run are reminiscent of It's a Wonderful Life (1946) and the character of Thomas Dickson resembles George Bailey, even to his speeches as je attempts to calm the bank panic. It's an interesting opportunity to see the work that would later influence what many consider Capra's masterwork.

Walter Huston is impressive as Dickson, a man of principle facing a crisis of faith.  Dickson has spent his life relying on his ability to read people. Now, in an instant he discovers that a climate of fear brings out the worst in his fellow man. The character of Dickson was based on the chairman of the Bank of America, A. P. Giannini (AFI catalog ). Mr. Huston is always an impressive actor - see his work in Rain (1932), Dodsworth (1936), and The Treasure of the Sierra Madre (1948) for very different performances.  

Pat O'Brien plays Matt Brown, an ex-con hired - and promoted - by Dickson. He's in love with Dickson's secretary, Helen (Constance Cummings), and inadvertently witnessed what he thought was a romantic assignation between Dickson's wife, Phyllis (Kay Johnson) and fellow employee Cyril Cluett (Gavin Gordon). Mr. O'Brien has his best scenes when he is (unsurprisingly) accused of collusion in the bank robbery. His anxiety over preserving his boss' marriage (Matt accompanied Ms. Dickson home when he found her at Cluett's apartment) rather than provide himself with an alibi is well played - and an interesting contrast to Gavin Gordon.

Constance Cummings didn't have a big part in this film - her role is to support Matt and Dickson, but she does it well. When she was the Star of the Day in Summer Under the Stars, Michael Feinstein discussed her.  Her U.S. film career was short (she'd already had a Broadway career, which would continue until 1979); after her 1933  marriage to Benn Levy (they had two children and were together until his death in 1973), she moved with her husband to England, where she would continue working in films (Blithe Spirit (1945)) and the stage (Long Day's Journey into Night opposite Laurence Olivier in 1971). She won the Tony Award for Best Actress in a Play in 1979's Wings.  She died in 2005, aged 95

This is the first film role for Sterling Holloway (Oscar), who would go on to perform numerous character parts, television roles, and voice parts, include Mr. Stork in Dumbo (1941), the narrator of "Peter and the Wolf" in Make Mine Music (1946), and Winnie the Pooh. 

It's an interesting movie, and if you are a fan of Frank Capra, or would like to see the genesis of It's a Wonderful Life, definitely worth a viewing.  I'll close with an early scene, which introduces many of our characters.