Smashing the Money Ring (1939) Poster

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5/10
Your not gonna put me in this spot!
sol121823 January 2008
Warning: Spoilers
**SPOILERS** Somewhat silly crime movie having to do with a counterfeit ring being run out of a state prison and under the warden's, Warden Denby(William B. Davidson), and his prison guards noses.

The head guy running the ring from the outside is on the lamb fugitive Dice Mathews, Joe Downing. Dice together with his fellow hoodlums plans to launder the "hot" money by having it cooled off, three miles out to sea. Dice has this done at his ex-partner in crime the legit casino cruise ship operator Steve Parker's, Charles D. Brown, gambling boat the S.S Kismet. The job to find out who's responsible for both printing and laundering the phony cash falls on the heads of young hot shot Secret Service and Treasury Agent Let. Brass Bancroft, Ronald Reagan, and his comical partner and side-kick Gabby Watters, Eddie Foy Jr.

The big break for the government agents comes when Parker sick and tired of being used as a laundry delivery boy ,in cleaning up his dirty money, by Dice gets himself arrested. Parker does this by slugging a cop and ending up with a year, not the six months that he expected to get, in the can. Parker feeling safe behind bars then fingered Dice & Co. which had him and his boys busted by the Feds, while they were playing roulette on board the Kismet, and given long prison terms. It was Parker's misfortune that he ended up in the same prison where Dice and his boys were not in solitary confinement away from them where they can't get at him for being a snitch!

Getting a man on the inside of the Dice Prison Counterfeit Ring the Feds decide to sent Brass into the lions den to get to the bottom of who's behind printing up all this crooked money. Tough and more then willing to take chances, for the Dice Mathews Mob,Brass gets in good with Dice by taking the rap for a prison riot he instigated. Brass later ends up crashing out of prison with Dice and later is confronted by the real Mr. Big who runs the entire prison counterfeit operation. It turns out that Mr. Big, through his connections, found out about the Feds and Warden Denby's plan to infiltrate his gang and also who to the undercover US Treasury Agent Brass Bancroft's secret identity really is!

Ronald Reagan does his best to look and act tough as the tough talking and hard punching Brass Bancroft but ends up looking and acting ridicules. It's as if Reagan, as Brass, was an over-sized and over-aged member of the "Little Rascals" instead of a hard as nail G-Man. Even Reagan's clothes in the movie, as a convict, look at least three sizes bigger making him look more like a kid trying on his dads shirts and pants in his unsuccessful attempt to look like a grown up! Reagan's prison cap is so big on him that it almost comes down to his eyes and ears!

In the end Brass does get the goods on the Dice Mathews prison counterfeit ring but only after getting shot a number of times, by Mr. Big, and sent flying, in a runaway automobile, to the bottom of a local lake. ***SPOILER ALERT***Somehow surviving his ordeal, you couldn't say the same about Dice, Bass has Mr. Big exposed and then, in Mr. Big's attempt to make his getaway, shot to pieces by one of the guards at the prison.

Uncharacteristically neither Brass or his goofy partner Gabby Watters get the girl Steve Parker's sexy daughter Peggy, Margot Stevenson, at the end of the movie. Peggy ends up getting hitched up to the manager of the S.S Kismet Gordon, Donald Douglas, who was shot and almost killed by Dice earlier in the film. As for the two Treasury boys they get their next assignment in tracking down and capturing the crazed and extremely dangerous ax murderer Butch Martin. The same Butch Martin who chopped to pieces a fellow government agent back in Kansas and swore to do the same to anyone else, like Brass and Gabby, who tries to arrest him!

P.S Besides the future Governor of California and later leader, as the Presiden of the United States, of the Free World Ronald Wilson Reagan being in the movie there's also the future TV Superman George Reeves in it as well. Mr. Reeves in a non-speaking part can be seen sitting directly behind Steve Parker as he makes his plea in court to the judge for leniency in his admitted crime of punching out a police officer.
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4/10
A watchable B-movie but that's about it
planktonrules20 January 2008
Warning: Spoilers
This is one of several B-movies that Ronald Reagan starred in early in his career as the character Brass Bancroft--an undercover Secret Service agent. While I loved the first one due to its excellent writing despite its low budget, the other Bancroft films have been mediocre at best--mostly because the writing was, at best, second rate.

The basic plot idea behind SMASHING THE MONEY RING was amazingly silly. There is a big counterfeiting ring that's being run out of a prison! Think about it...of all the places they could locate the ring, they picked one of the more difficult ones where they had to work hard to smuggle out the money and in the paper and supplies. The only way this MIGHT have worked was if it turned out that a super-genius forger was in prison and that was the only way the ring could use him, but this isn't the case.

In addition to the bizarre plot, there are many holes and poor writing abounds. One guy on a casino ship is shot from about five feet away but isn't badly hurt and later Reagan is shot at the same range twice AND the car he's in is pushed off a cliff AND it lands in a lake AND he's fine!! And don't get me started about the old man who deliberately gets himself arrested instead of simply going to the police!!! Wow, did THAT strain all credibility!

Logical errors like these abound--showing that Warner Brothers really didn't care and that it just wanted to churn out these programmers in rapid succession. Compared to series films like Charlie Chan, The Falcon or Crime Doctor, this one just didn't seem as well written--though the prison setting was exciting and the dialog and action there was good enough to make this an agreeable time-passer. Just don't think too much when you watch it--it will give you a headache!!

PS--For the first time in a Brass Bancroft film, sidekick Eddie Foy manages to do well!!! When a killer is running amok with a gun, Foy subdues the guy and for the first time in one of these films, he seems like a secret agent, not some dumb comic relief!! This is a plus.
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Best of the Series
Michael_Elliott23 May 2009
Smashing the Money Ring (1939)

*** (out of 4)

Third film in Warner's Brass Bancroft series once again features Ronald Reagan going up against counterfeiters. This time out he puts himself in prison to keep his eye on a suspect who might not only be passing fake money but also calling shots on people. This third film in the series manages to be the best that I've seen so far and it's fast pace makes for a very entertaining 57-minutes. If you're a fan of Warner prison movies then you'll want to check this out even though it's certainly not the best that the genre has to offer up. The movie has plenty of nice laughs, great fights and it never slows down to take a breathe. Fans of "B" movies will also find this one entertaining even though nothing too original happens. What I enjoyed most was that the movie never slowed down as it starts off dealing with counterfeits and then jumps into racketeers and then it turns into a semi-horror film with a couple murders in the prison done by a man in shadows. All of this adds up to a fun time if you have a hour to kill. Reagan is pretty good in his role, although he's not too believable as a tough guy. His Cagney impression is at times laughable but there is a certain charm to it. Margot Stevenson, Eddie Foy, Jr. and Joe Downing round out the fun supporting cast. George Reeves, the future Superman, can be seen in the courtroom scene if you look closely. The idea of running a counterfeiting ring inside a prison is laughable but that too just adds to the "B" charm of the film.
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3/10
Counterfeiting In Stir
bkoganbing20 January 2008
Ronald Reagan's third film as Secret Service Agent Brass Bancroft finds him going undercover into prison to ferret out a gang of counterfeiters. The original assignment just had him trying to get close to the distributor of the bogus dough to find out where the plates are. Little does he dream that the stuff is being printed in the prison print shop along with the prison newspaper.

This is kind of like White Heat where Edmond O'Brien goes to prison to get close to James Cagney to get information on some real crimes Cagney and his gang were pulling. But believe me, Smashing the Money Ring will never be confused with White Heat. Reagan's going undercover, but they don't even bother to give him a phony name.

It was an interesting if far-fetched idea for a story, but this was a B film that got that kind of treatment. Part of the plot called for Reagan to be shot after a prison break by the big boss. It was at fairly close range, but it turns out Ron was only wounded and after being dumped into a lake with the getaway car, he swims away and the next minute you see him without a scratch.

I have to wonder if Reagan's mind didn't hearken back to those days at Warner Brothers when in 1981 he was really shot. Doctors instead of scriptwriters saved the life of the 40th President of the United States.

Ron was ably assisted by a cast that included Margot Stevenson, Eddie Foy, Jr., and Joe Downing as the crook Reagan was supposed to get cozy with. Interestingly enough Eddie Foy, Jr. as the sidekick got to romance Margot Stevenson. With Ron it was strictly business in this film. Maybe that had something to do with Eddie's brother Bryan Foy being in charge of Warner Brothers B picture unit.

Counterfeiting while in stir, who'd a thunk it, the brothers Warner that's who.
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8/10
Another good entry in series
morrisonhimself4 June 2009
Although most of the people associated with this third entry in the Brass Bancroft series are generally unknown today, they had a lot of talent and deserve recognition.

The female lead, for example, Margot Stevenson, is the cutest of all, with the most personality, at least of the first three, and she spent more than three decades on Broadway, as well as keeping sort of busy in TV and movies. She should be better known.

The script is rather involved, moving from the offices of the Secret Service to California, including an off-shore gambling ship and a prison.

The premise, what the bad guys are doing that brings Bancroft onto their trail, is not only clever but entirely plausible.

The boss bad guy, whom I identified fairly early, but unhappily -- he is a likable character and I hated it that he was actually pretty nasty -- is also a good actor, but I won't say who it is.

Actually, the entire cast is good, and combined with a good script and good direction from someone of whom I know nothing, they make "Smashing the Money Ring" into a thoroughly watchable film.

Reagan got better and better and I think it was the next one in this series that showed the producers he was ready for the big time.
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8/10
Brass Bancroft rides again!
JohnHowardReid4 April 2018
Warning: Spoilers
Associate producer: Bryan Foy. Copyright 21 October 1939 by Warner Brothers Pictures, Inc. New York opening at the Palace: 16 November 1939. U.S. release: 21 October 1939. Australian release: Not recorded (probably late 1939). 57 minutes. Alternative title: QUEER MONEY.

SYNOPSIS: Counterfeiters are at work again. This time, however, their base of operations is not a Mexican monastery, but a Californian prison. NOTES: Third of the four Brass Bancroft pictures and feature film debut of Margot Stevenson, who had previously played Jean Harlow in the 1933 spoof of Dinner at Eight entitled Come to Dinner.

COMMENT: The mystery angle is more prominent in this entry. In fact, the revelation of Mr. Big comes as a nice surprise, particularly as he is enacted by a fine actor who is normally confined to background roles.

In fact, with a cast list as long as your arm, this whole picture is remarkably strong in the acting department. My one quarrel is that Eddie Foy (the producer's brother) is handed too much footage. Otherwise it's very pleasing to see people like William B. Davidson and Joe Downing in prominent roles and to catch sight of favorite heavies like George Chesebro and Dutch Hendrian.

Our hero delivers his usual polished performance, and I enjoyed Margot Stevenson's stint as the indispensable but charming heroine.

Director Terry O. Morse not only directs at a commendably fast pace but stages the action and delivers the thrills most convincingly. Other credits are equally slick.
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