Albert Warner officially marking the beginning of The Great Depression, Albert saw that the studio was in need of additional star power in order to survive. Following Albert's advice, Jack and Harry Warner acquired three Paramount stars (William Powell, Kay Francis, and Ruth Chatterton) for studio salaries doubled from their previous ones. This move proved to be a success, and stockholders maintained confident in the Warners. In late 1929, Jack Warner would hire sixty-one-year-old actor George Arliss to star in the studio's film "Disraeli". To everybody's surprise, the film "Disraeli" was a success, and Arliss would win an Oscar for Best Actor
Jack L. Warner as the new company president. Shortly after the deal was closed, Jack Warner announced that the company and its subsidiaries would be "directed more vigorously to the acquisition of the most important story properties, talents, and to the production of the finest motion pictures possible". The two brothers had often argued, and earlier in the decade, studio employees claimed they saw Harry chase Jack through the studio with a lead pipe, shouting, "I'll get you for this, you son of a bitch" and threatening to kill him. This subterfuge, however, proved too much for Harry. He never spoke to Jack