Rex Ingram, similar to what he accomplished with "The Prisoner of Zenda" the previous year, has taken a compelling narrative and brought back portions of that film’s cast to craft an exciting adaptation of Sabatini's tale concerning power struggles and upheaval. The story begins when the honorable young “Philippe de Vilmorin” (Otto Matieson) finds himself on the losing end of a duel with the skilled swordsman, the ruthless "Marquis de la Tour" (Lewis Stone). His friend "Moreau" (Ramon Novarro) pledges to avenge this unnecessary death. This promise seems hollow initially, but as events unfold, he refines his swordplay and adopts the persona of “Scaramouche” with a traveling theatrical troupe to gain the admiration and esteem of the populace—and also to plant seeds of dissatisfaction regarding the nobility’s unjust rule. His election to the chamber of deputies represents the culmination of his quest for retribution, as he employs his improved fencing abilities to dispatch several self-important aristocrats before a final confrontation with "La Tour." Romantic entanglements are interwoven throughout—the hero is in love with his childhood sweetheart “Aline” (Alice Terry), and also with the spirited theatre performer “Climène" (Edith Allen). The film contains all of the elements needed for an exceptional story involving deception, treachery, corruption, and romance, complete with abundant action sequences and several unexpected developments as the plot thickens. Novarro delivers a strong performance in the leading role; his portrayal of the characterful stage persona alongside that of the more sincere “Moreau” is pleasing to watch, as is Stone’s contribution as his adversary. The sets and costumes are lavish, and the film remains captivating for just over two hours. Surprisingly, while I appreciated the 1952 version as well, I believe this one might be slightly better.

Source on TMDB