In the evenings, the population attempt to divert themselves from the miseries of the economic situation by indulgence and excess in bars and clubs.
Through the failed speculations of the president of her bank, Valerie Gärtner, a student of applied art in Vienna, loses the small property on which she and her mother live.
Valerie in the meantime learns from Kinz that Torresani has a wife and two children, and she decides that she can no longer accept the monthly cheques.
Valerie assumes that it is a letter of farewell from Torresani, and immediately goes to his house, where she is received in an unexpectedly friendly way by his wife.
This was the only time after the National Socialists came to power in 1933 that an Austrian film on which Jews had worked received consent to be shown in Germany.
Artistically Episode is distinguished by its setting in the economic crisis of 1922, the oppressive atmosphere of which is elevated, largely by Paula Wessely's performance as the penniless art student, into an emotionally powerful psychological depiction of the double standards of contemporary Vienna.
Writing for The Spectator in 1935, Graham Greene gave the film a poor review, describing the comedy as "rather silly", and criticizing the "perfunctory, [...] humorous and sentimental" treatment of so tragic a topic as the Viennese depression of 1922.
The title song was composed by Robert Katscher [de]; the director Walter Reisch co-wrote the lyrics.