1938! Not 1969. And actually 3 films, COTILLION, MIDNIGHT PARTY, and CHILDREN'S PARTY. A wild mash-up of footage from a kid's party, circus acts, and a bunch of other assorted stuff cut from ancient newsreels maybe. Title cards also seem to be lifted from old newsreels but cut down to 1/24th of a second so the original audience couldn't read them. I played with the slow-motion and went back and forth to read them.