Great American Stories: ‘It’s a Wonderful Life’
By Carl Cannon

On this date in 1946, "It's a Wonderful Life" was screened for the first time at the Globe Theatre in New York City.

Great American Stories: ‘It’s a Wonderful Life’

On this date in 1946, “It’s a Wonderful Life” was screened for the first time at the Globe Theatre in New York City. Audiences weren’t quite sure what to make of the film, even though it starred Jimmy Stewart and Donna Reed and was directed by Frank Capra. Perhaps the economic jeopardy of life in Depression-era small towns was still all too real. Or maybe the specter of sons and husbands returning from the front reminded audiences of how many American fighting men had not come back from Europe or the Pacific.

Stewart, the leading man who portrayed small-town savings-and-loan owner George Bailey in Capra’s movie, was such a charismatic leading man that when studio executive Jack Warner heard in 1965 about Ronald Reagan’s plans to run for governor of California, he quipped, “No, no! Jimmy Stewart for governor. Ronald Reagan for best friend.”

But casting in movies, as in life, can be deceiving. It was something of an in-joke, for instance, to have Jimmy Stewart play the older brother who flunks his Army physical in “It’s a Wonderful Life” and can’t go to war. In real life, Stewart and Frank Capra both enlisted in the military after making “Mr. Smith Goes to Washington” together in 1939. The Italian-born Capra, then in his 40s, produced an evocative series of films for the military called “Why We Fight.” Stewart did his part, too, and then some. After winning Best Actor for his role in 1940’s “The Philadelphia Story,” Stewart had become the most bankable star in Hollywood. Nonetheless, by the time Pearl Harbor was bombed, he was already in uniform, pulling duty at Moffett Field, south of San Francisco, in the Army Air Corps. By the end of World War II, Stewart had flown 20 combat missions in a B-24, become a squadron leader, been awarded a chest full of medals, and risen in rank from corporal to colonel.

Yet neither Capra’s wartime films nor Stewart’s derring-do in the sky was enough to push “It’s a Wonderful Life” to profitability in 1946 and 1947. Their heartwarming Dickensian allegory received mixed reviews from critics and was snubbed by Academy Awards voters. But, like George Bailey and Ebenezer Scrooge, the picture would have an unexpected second life. In this case, the rebirth came about for an odd reason: A clerical error, since corrected, meant that the copyright lapsed in 1974. This meant that “It’s a Wonderful Life” could be aired on television to a new generation of Americans who turned out to love the film. In the movie, an exasperated bit character tells George Bailey, “Oh, youth is wasted on the wrong people!” In this case, it wasn’t. Young people helped keep this redemptive Christmas movie in America’s public consciousness.

Carl M. Cannon is the Washington bureau chief for RealClearPolitics. Reach him on Twitter @CarlCannon.