The Match King

This is probably the best performance you'll see by Warren William--a very popular leading man in the early to mid 1930s but who has been all but forgotten today. And, since he's no longer a household name, it's not surprising that this film is very much unknown.

This story is based on a real individual named Ivar Kreuger, who tried to corner the world market on matches by being about the most unscrupulous and power-hungry man of his day. The film concerns the many ways he shows that down deep he has no soul and there is no sin beyond him if it gains him more money and power.

William is exceptional in the role and the film is fascinating from start to finish. Considering the film is about matches, it must have taken considerable writing, acting and directing talents to produce such a captivating film.

"The Match King" is a 1932 precode film based on the life of Swedish industrialist Ivar Kreuger, known as the Match King and the inventor of the concept that three on a match is unlucky. That, of course, was so he could sell more matches. This film was rushed into release after Kreuger's suicide. Kreuger's brother claimed that Ivar was murdered, and 30 years after Ivar's death, documents appeared to back this up. In 2000, a book was published about the case, but it's in Swedish.

Warren William, one of my favorites, plays Paul Kroll, the main character in this film, and Lily Damita (Mrs. Errol Flynn) is his great love, an actress who gets a chance at a Hollywood career. She is supposedly based on Greta Garbo. I worked on the Greta Garbo biography by Barry Paris. It's been a long time -- I do believe she worked for a store that Kreuger owned and appeared in a film that Kreuger had something to do with, but I'm not sure the two had any involvement. Damita is lovely, though she doesn't register strongly.

This film deals with Kroll's European match monopoly, which bailed out quite a few countries, earning him the title "Savior of Europe." However, he used probably the first Ponzi scheme or a variation on it, so 88 years later, this movie is still relevant! Warren William is terrific as the smooth, charming, but ruthless and underhanded Kreuger. William during the silent era and early talkies often played the heavies; later on, he got to show his lighter touch, which was on a par with William Powell's. Supposedly a book was published about him in late 2010, which is a tribute to a renewed awareness of him thanks to TCM.

The actual Ivar Kreuger owned many, many businesses, and varied ones, not only match companies in many countries, but stores, banks, a ball bearing company, mining companies, a department store, a movie company, a telephone company, a railroad etc. His demise hit world finances very hard. He was a crook, but a borderline one, and many of his companies are still in existence today.

Very good film that is worth seeing.

It's a Warren William showcase that should be seen along with his other ruthless tycoon triumphs, such as Employees Entrance (1933) and Skyscraper Souls (1932). Cagney personified the street tough with a gun and the guts to power his way into the penthouse. William personifies the unscrupulous aristocrat with the charm and polish who's already in the penthouse. What both have that makes each so convincing is total self-assurance. When Kroll (William) says: Wait till it (the bad) happens, then I'll take care of it-- we believe him, just as much as we believe Cagney's snarl. Today, Cagney is still a household name, while William has unfortunately been forgotten, the victim of an A-picture career that peaked during the forbidden pre-Code era that never turned up on popular TV.

Here William plays a real life character (Swedish match king Ivar Kreuger) who schemes and manipulates his way to the top of Europe's financial empire. Oddly, the schemes and shenanigans remain illuminating of our own time some 80 years later, as other reviewers point out. After all, it looks like Kroll relies on a Ponzi setup in assembling his empire much in the way Bernie Madoff swindled billions from investors before finally taking a fall. In fact, a viewer can probably learn more about the anatomy of our own recent financial meltdown from this antique than from anything on the current screen.

All in all, this celluloid obscurity remains both broadly topical and a fascinating glimpse of capitalism's perils and attractions at the top. It's also a chance to catch one of Hollywood's most compelling actors in a tailor-made part. William may be unknown to the broader public, but it looks like a new appreciation is building among old film buffs.

When Orson Welles made Mr.Arkadin, he was inspired by two remarkable figures: "Merchant of Death" Basil Zaharoff and "Match King" Ivar Krueger. The whole Zaharoff story has never been brought to the screen, though he was a key figure in that delightful British series, Reilly: Ace Of Spies. The even more incredible tale of Ivar Krueger was brought to the screen shortly after his suicide in Paris, in this obscure, but brilliant "roman a' clef" film from the poor man's major studio, Warner Brothers. This film is incredible, Somehow, two minor directors, unknown writers, and an obscure cinematographer combined to bring a film of considerable power and narrative originality to the screen. Did I mention the acting? That is what really drives the film. The still under-rated and obscure Warren William puts in an remarkably subtle performance as the brilliant, ruthless Kroll, who used borrowed (and stolen) money to build a world -wide empire from the manufacture and sale of that most commonplace and useful of objects, the match. Kroll lies, steals ans seduces. He has a brilliant inventor stuck in a booby hatch. He does not even shrink from murder. In the end, he is destroyed by his obsessive love for a Hungarian actress and his own belief in his invulnerability. In short, this is both an interesting example of how the old studio system could put together an stunning story with ordinary talent and of the far too little appreciated artistry of Warren William.

A totally unscrupulous cad plots & schemes to finally become THE MATCH KING of the world, oblivious to the many lives he's destroyed. But with blackmail & murder part of his personal arsenal, how long can it be until avenging fate topples him from his throne?

Warren William dominates this splendid, albeit neglected, crime drama. As in some of his other roles of the same period, William displays his talent for portraying characters simultaneously repulsive & appealing. With his sophisticated good looks & deep, interesting voice, Warren William was the perfect embodiment of the corporate climber, the crook, the conniver. It is a shame this fine actor is generally forgotten today.

Although the plot is firmly centered around William, his co-stars all do a fine job. Brassy Glenda Farrell appears all too briefly as William's first betrayed lover; this was an actress who could really light up the screen, but she's only given two scenes here. Lili Damita is fetching as the movie actress who attracts William. Hardie Albright is a younger relative of William's who gets pulled into his orbit. Blink your eyes and you'll miss Alan Hale as a timber baron. Movie mavens will recognize Charles Sellon as an elderly Match Company executive.

The film makes good use of an intriguing series of short opening scenes, showing various classes of people around the world using that indispensable enabler of civilization, the match.

There was a real life Match King upon whom this drama was based. Ivar Kreuger (1880-1932) was a financial genius whose Swedish Match Company controlled more than half the world's output of matches by 1928. This was accomplished through amazingly speculative deals involving long-term loans to poor nations desiring US dollars, in exchange for match monopolies. As a result, Kreuger's empire grew immensely rich and diversified in many ways. The bubble was soon to burst. World wide depression hit in 1929 and economic pressures mounted steadily. Rather than wait for his holdings to collapse in bankruptcy, Kreuger shot himself in a Paris hotel room on March 12, 1932, aged 52. Subsequent investigations showed his companies to be riddled with fraud & forgery.