I did some research, and it seems to be from a Cecil B. DeMille movie titled (astonishingly) “Madam Satan.” I couldn’t find any clips of it though with reference to the movie in the notes, only stills. Perhaps there’s a cinephile who’ll be able to help.
MATTHEW'S ISLAND 
I’ve always loved that scene. It’s absolutely inspired nuttiness.
What movie is it from?
I did some research, and it seems to be from a Cecil B. DeMille movie titled (astonishingly) “Madam Satan.” I couldn’t find any clips of it though with reference to the movie in the notes, only stills. Perhaps there’s a cinephile who’ll be able to help.