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The working title of this film was It's Only Money. It was made in late 1948, shortly after Howard Hughes took over as head of RKO. According to modern sources, Hughes was displeased with the picture and shelved it until late 1951, when he came up with an advertising campaign that emphasized the participation of his protge, Jane Russell. Modern sources also note that Frank Sinatra originally was to receive top billing in the onscreen credits, but because Hughes did not like Sinatra, whose career was in a down-turn at the time, his billing was bumped to third place. In the film, Sinatra sings duets with both Marx and Russell. Mannie Manheim, who is credited with creating the character on which the picture's story was based, was one of Marx's gag writers. Although an August 1946 Hollywood Reporter news item reported that Twentieth Century-Fox had purchased a story by Quentin Reynolds entitled "It's Only Money," that story bears no relation to this film. Modern sources credit Stanley Donen as choreographer.