This annoying and supercilious short subject from 1933 makes fun of how stupid people had been twenty or thirty years earlier. They show clips of Mayor Robert van Wyck and the Jeffries-Fitzsimmons fight and point out how unimportant they were in the 1930s. They also show a cutdown of a comedy starring Kate Price with an annoying voice over commentary provided by Leo Donnelly. Who knows or cares who he is? This and a followup in 1934 were Warner Brothers' response to the Goofy Movies series at MGM, which was a wild burlesque narrated by Pete Smith. All that it demonstrates is that we all think the way our parents ran things was idiotic and our children will think so too.
If you watch this movie, it will be because you love old movies. If you have any sense, this will not be one of the old movies you love.