Like Oscar Wilde’s The Importance of Being Ernest, this lavish Technicolor adaptation is a send-up of high society with fashion more important than manners and high birth is all that matters. Trading on inside information is what brings Sir Robert Chiltern to his knees when he falls into the clutches of Lady Cheveley. Taking advantage of being a guest at his lavish dinner party, she revels she has an old letter he wrote that will ruin him. In exchange for reversing his position on her Argentine Canal scheme, she will turn the incriminating letter over to him, rather than to the press. When his upright wife gets wind of his reversal, he is on the horns of a dilemma. His friend, Lord Goring, who was once engaged to Cheveley, comes to Sir Robert’s rescue by proving she is a thief and retrieves the letter in exchange for keeping silent. Paulette Goddard as Lady Cheveley gives a superb performance, mixing high society niceties with viper-like cunning to get what she wants.