"The public frolicked elsewhere" was the Guild's lament, in the face of its second fund-raising event. Held at Gilmore Stadium (now the site of CBS Television City, by the Farmer's Market), May 18-20 1934, only about 150 Guild members, out of 3,000 (!) showed up, and the losses wiped out the Guild's meager treasury! The Guild was saved through the generosity of $1,000 loans from President Eddie Cantor, 1st Vice-President Robert Montgomery, 2nd Vice-President Ann Harding, 3rd Vice-President James Cagney, and Board member Fredric March. The "Frolic" featured a rodeo, circus acts, a chariot race (manned by the same teams as were in Eddie Cantor's film Roman Scandals), and appearances by stars like W.C. Fields, Jeanette MacDonald, Pat O'Brien, Mary Astor, Jimmy Durante, Spencer Tracy, Edward G. Robinson, Claudette Colbert, Ralph & Frank Morgan, Carole Lombard, Dick Powell, Gloria Stuart, Bela Lugosi and Boris Karloff.