The Racket was based on a play by Bartlett Cormack, first filmed as a silent in 1928. The storyline was updated to include references to Estes Kefauver's Senate Crime Investigating Committee: otherwise, the plot (and much of the dialogue) was lifted bodily from the Cormack play. Racketeer Robert Ryan has managed to get several government and law-enforcement higher-ups in his pocket. But Ryan can't touch the incorruptible police officer Robert Mitchum, who refuses all attempts at bribery. Ryan pulls strings to get Mitchum transferred to a series of undesirable precincts, but Mitchum will not be dissuaded. The battle of wills between cop and criminal comes to a head when mob-connected nightclub singer Lizabeth Scott turns on her former protector Ryan. The Broadway version of The Racket starred Edward G. Robinson as the racketeer; the 1928 film version featured Louis Wolheim in the Robinson role and Thomas Meighan as the upright cop. Both the silent and sound versions of the property were personally produced by Howard R. Hughes.
~ Hal Erickson, All Movie Guide