The Toast of New York
Encyclopedia
The Toast of New York is a 1937
1937 in film
The year 1937 in film involved some significant events, including the Walt Disney production of the first full-length animated film, Snow White and the Seven Dwarfs.- Events :*April 16 - Way Out West premieres in the US....

 American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 biopic
Biographical film
A biographical film, or biopic , is a film that dramatizes the life of an actual person or people. They differ from films “based on a true story” or “historical films” in that they attempt to comprehensively tell a person’s life story or at least the most historically important years of their...

 starring Edward Arnold
Edward Arnold (actor)
Edward Arnold was an American actor. He was born on the Lower East Side of New York City as Gunther Edward Arnold Schneider, the son of German immigrants Carl Schneider and Elizabeth Ohse.-Acting career:...

, Cary Grant
Cary Grant
Archibald Alexander Leach , better known by his stage name Cary Grant, was an English actor who later took U.S. citizenship...

, Frances Farmer
Frances Farmer
Frances Elena Farmer was an American actress of stage and screen. She is perhaps better known for sensationalized and fictional accounts of her life, and especially her involuntary commitment to a mental hospital...

, and Jack Oakie
Jack Oakie
Jack Oakie was an American actor, starring mostly in films, but also working on stage, radio and television.-Early life:...

. The film is a fictionalized account of the lives of financiers James Fisk
James Fisk (financier)
James Fisk, Jr. —known variously as "Big Jim," "Diamond Jim," and "Jubilee Jim"—was an American stock broker and corporate executive.-Early life and career:...

 and Edward S. Stokes. The screenplay
Screenplay
A screenplay or script is a written work that is made especially for a film or television program. Screenplays can be original works or adaptations from existing pieces of writing. In them, the movement, actions, expression, and dialogues of the characters are also narrated...

 was based on the books The Robber Barons by Matthew Josephson
Matthew Josephson
Matthew Josephson was an American journalist and author of works on nineteenth-century French literature and twentieth-century American economic history.-Biography:...

 and The Book of Daniel Drew by Bouck White
Bouck White
Bouck White , born Charles Browning White, was a Congregational minister, an American socialist, a Jesusist, an author, a potter, and a recluse.-Early years:...

.

Plot summary

In post-Civil War
American Civil War
The American Civil War was a civil war fought in the United States of America. In response to the election of Abraham Lincoln as President of the United States, 11 southern slave states declared their secession from the United States and formed the Confederate States of America ; the other 25...

 America, unscrupulous, ambitious partners Jim Fisk (Arnold) and Nick Boyd (Grant) talk tight-fisted businessman Daniel Drew
Daniel Drew
-Biography:He was born in Carmel, New York.Drew was poorly educated. His father died when Daniel was fifteen years old. Drew enlisted and drilled, but because he enlisted too late, never fought in the War of 1812. After the war, he started a successful cattle-driving business. In 1823, he married...

 (Donald Meek
Donald Meek
Donald Meek was a Scottish-born American character actor. He first worked as a stage actor and later became a film actor, starring in several movies including The Adventures of Tom Sawyer, Little Miss Broadway, and State Fair. Before becoming an actor, he fought in the Spanish-American War and...

) into selling them his shipping company, paying with worthless Confederate bonds. Later, worried that his longtime rival, Cornelius Vanderbilt
Cornelius Vanderbilt
Cornelius Vanderbilt , also known by the sobriquet Commodore, was an American entrepreneur who built his wealth in shipping and railroads. He was also the patriarch of the Vanderbilt family and one of the richest Americans in history...

 (Clarence Kolb
Clarence Kolb
Clarence William Kolb was an American vaudeville performer and actor.He was born in Cleveland, Ohio, the only child of second generation Austrian parents who owned a local meat company....

), 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
Wall Street
Wall Street refers to the financial district of New York City, named after and centered on the eight-block-long street running from Broadway to South Street on the East River in Lower Manhattan. Over time, the term has become a metonym for the financial markets of the United States as a whole, or...

.

Meanwhile, both men fall in love with entertainer Josie Mansfield (Farmer). 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 and characters

  • Edward Arnold
    Edward Arnold (actor)
    Edward Arnold was an American actor. He was born on the Lower East Side of New York City as Gunther Edward Arnold Schneider, the son of German immigrants Carl Schneider and Elizabeth Ohse.-Acting career:...

     as James "Jim" Fisk, Jr.
    James Fisk
    James Fisk may refer to:* James Fisk * James Fisk , U.S. Senator from Vermont* James L. Fisk , Union Army officer and leader of four expeditions...

  • Cary Grant
    Cary Grant
    Archibald Alexander Leach , better known by his stage name Cary Grant, was an English actor who later took U.S. citizenship...

     as Nicholas "Nick" Boyd
  • Frances Farmer
    Frances Farmer
    Frances Elena Farmer was an American actress of stage and screen. She is perhaps better known for sensationalized and fictional accounts of her life, and especially her involuntary commitment to a mental hospital...

     as Josie Mansfield
  • Jack Oakie
    Jack Oakie
    Jack Oakie was an American actor, starring mostly in films, but also working on stage, radio and television.-Early life:...

     as Luke
  • Donald Meek
    Donald Meek
    Donald Meek was a Scottish-born American character actor. He first worked as a stage actor and later became a film actor, starring in several movies including The Adventures of Tom Sawyer, Little Miss Broadway, and State Fair. Before becoming an actor, he fought in the Spanish-American War and...

     as Daniel Drew
    Daniel Drew
    -Biography:He was born in Carmel, New York.Drew was poorly educated. His father died when Daniel was fifteen years old. Drew enlisted and drilled, but because he enlisted too late, never fought in the War of 1812. After the war, he started a successful cattle-driving business. In 1823, he married...

  • Thelma Leeds
    Thelma Leeds
    Thelma Leeds , also known as Thelma Bernstein, was an American actress.-Life and career:...

     as Mademoiselle Fleurique
  • Clarence Kolb
    Clarence Kolb
    Clarence William Kolb was an American vaudeville performer and actor.He was born in Cleveland, Ohio, the only child of second generation Austrian parents who owned a local meat company....

     as Commodore Cornelius "Corneel" Vanderbilt
    Cornelius Vanderbilt
    Cornelius Vanderbilt , also known by the sobriquet Commodore, was an American entrepreneur who built his wealth in shipping and railroads. He was also the patriarch of the Vanderbilt family and one of the richest Americans in history...

  • Billy Gilbert
    Billy Gilbert
    Billy Gilbert was an American comedian and actor known for his comic sneeze routines. He appeared in over 200 feature films, short subjects and television shows starting in 1929. He is not to be confused with silent film actor Billy Gilbert Billy Gilbert (September 12, 1894 – September 23,...

     as Portrait photographer
  • Russell Hicks as Fisk's lawyer
  • Lionel Belmore
    Lionel Belmore
    Lionel Belmore . When he was born, Wimbledon was in Surrey. He was an English character actor and director on stage for more than a quarter of a century, appearing with Wilson Barrett, Sir Henry Irving, William Faversham, Lily Langtry and other famous actors. He entered in films from 1911...

     as President of the board
  • Dewey Robinson as "Beef" Dooley
  • Dudley Clements as Jed Collins
  • George Irving
    George Irving (American actor)
    George Henry Irving was an American film actor and director who made over 200 films in his lifetime. Some of his best known movies were Abe Lincoln in Illinois, Hearts Divided, A Night at the Opera, Son of Dracula, Hangmen Also Die!, Once Upon a Honeymoon, and Maid's Night Out.-Death:Irving...

    as Broker selling gold
  • Robert McClung as Bellhop
  • Robert Dudley as Sam the Janitor
  • Stanley Fields as Militia top sergeant
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