Although the literary source of the film was the unpublished script of Columbia's The Lone Wolf's Daughter (1929), the story was so completely changed it could hardly be considered a remake.
The drink that Lanyard orders for himself and Val Carson in the Plaza Lounge is a Planter's Punch. A classic cocktail made from Jamaican rum, lime juice, and sugar-cane juice according to the IBA (Int'l Bartenders Assoc., 1961). However, a recipe from Fun magazine (4 Sept 1878, London) calls for the following ingredients and (proportions): lemon juice (1), sugar (2), Jamaican rum (3), and water(4).