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When struggling New Hampshire farmer Jabez Stone (James Craig) exclaims he would sell his soul for money and a decent crop, up pops the Mephistophelean Mr. Scratch (Walter Huston) in this adaptation of Stephen Vincent Benet's Faustian tale. Thinking the whole thing is a joke, Stone takes Scratch up on his offer of seven years of prosperity in return for his soul. But when it's Stone's turn to pay up, he hires attorney Daniel Webster (Edward Arnold).