Spencer Tracy is at his near best as a cynical showman and shipbuilder in this enjoyable if moralistic 1935 melodrama directed by Harry Lachman. The title refers to a lurid carnival attraction, the film’s most memorable set piece. Rudolph Mate was the cinematographer. Claire Trevor, Henry B. Walthall, and Alan Dinehart costar; also watch for Rita Hayworth in her first appearance as a dancer. 89 min. (JR)