The Millionaire (1931 film)

The Millionaire is a 1931 alltalking precode comedy film produced and distributed by Warner Bros. and starring George Arliss in the title role. The film is a remake of the 1922 film called The Ruling Passion, which also starred Arliss. The film was based on the short story Idle Hands by Earl Derr Biggers. In one of his earliest film roles, James Cagney had a brief but key appearance.

In the end, Peterson buys James and Bill out at a substantial profit to them. Bill finally works up the courage to speak to Babs father about marrying her and is stunned to learn his future inlaws identity.

Source: Wikipedia