Moving Pictures.

After "The Thief of Bagdad" and "The Black Pirate" comes "The Gaucho." This is a film decidedly inferior to its two predecessors. Actor Douglas Fairbanks' reliance on acrobatic stunts, his monotonous repetition of the same character, and his undisguised playing for effect brand him as an actor lacking in imagination and weak in interpretative powers. In "The Gaucho," Mr. Fairbanks and the background in which he moves are two different entities. The background tells the story in the conventional but straightforward way made familiar in most American pictures.