The Toast of New York

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Directed byRowland V. Lee
Screenplay by
Based onThe Book of Daniel Drew
by Bouck White and "Robber Barons"
by Matthew Josephson
Produced byEdward Small
The Toast of New York
Theatrical release poster
Directed byRowland V. Lee
Screenplay by
Based onThe Book of Daniel Drew
by Bouck White and "Robber Barons"
by Matthew Josephson
Produced byEdward Small
Starring
CinematographyPeverell Marley
Edited byGeorge Hively
Samuel E. Beetley
Music byNathaniel Shilkret
Production
company
Distributed byRKO Radio Pictures
Release date
  • July 22, 1937 (1937-07-22)
[1]
Running time
109 minutes
CountryUnited States
LanguageEnglish
Budget$1.07 million[2]
Box office$1.05 million[2]

The Toast of New York is a 1937 American biographical film directed by Rowland V. Lee and starring Edward Arnold, Cary Grant, Frances Farmer, and Jack Oakie. The film is a fictionalized account of the lives of financiers James Fisk and Edward S. Stokes.[3] The screenplay was based on the book The Book of Daniel Drew by Bouck White and the story "Robber Barons" by Matthew Josephson.

In post-Civil War America, unscrupulous, ambitious partners Jim Fisk and Nick Boyd talk tight-fisted businessman Daniel Drew into selling them his shipping company, paying with worthless Confederate bonds. Later, worried that his longtime rival, Cornelius Vanderbilt, is trying to take control of his railroad, Drew seeks help from Fisk, only to have him turn the situation to his own advantage. Fisk and Boyd eventually become powers to be reckoned with on Wall Street.

Meanwhile, both men fall in love with entertainer Josie Mansfield. Mansfield agrees to marry Fisk out of gratitude, but really loves Boyd.

Fisk's greed grows beyond all reason and he tries to corner the market in gold. When Fisk ignores Boyd's warnings, Boyd turns against him, worried that the resulting panic threatens the financial system of the whole country. The federal government finally intervenes by releasing its gold reserves, bankrupting Fisk in the process.

Cast

Production

The film was originally announced as The Robber Barons to star Robert Donat who had just made Count of Monte Cristo for producer Edward Small.[4]

Filming was meant to take four weeks but ended up taking fifteen with Arnold on $10,000 a week, half of which went to B. P. Schulberg who owned his contract. Costing Small this much money gave satisfaction to Arnold, who had been rejected by the producer seeking his representation as an agent in 1918.[5] Costs blew out on the production and there ended up being at least seven writers on the script.[6]

Reception

References

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