I think there are some undertones in this clip that hint to the real Ziegfeld life here, specifically how the actress played the two competitors off of each other during her number. Ziegfeld with his flower play showed that he would do loud splashy things to pursue the object of his attention at the time. I anticipate the themes will be designed to distract moviegoers from their trouble and tough experience. If filmed pre-code, then we would get more hints of Ziegfeld's complicated behavior and Held would be a more complex character.