The Phantom from 10,000 Leagues (1955) is the type of movie that puts title and poster first—and story and production values dead last. And that’s ok! It’s schlocky good fun with a ragged monster that’s more cute than menacing. A bargain basement Creature from the Black Lagoon with a Cold War espionage twist, Phantom also embodies the highs, lows, and everything-in-betweens of what wound up on the bottom half of double bills in the 1950s. This particular movie accompanied Roger Corman’s Day the World Ended (1955), and together they made enough money at the box office to more than double their production costs. Sure, the monster doesn’t get enough screen time, and everyone uses the same boat, and nobody has a car, and there are lots of chance encounters happen on this one particular beach…but these sorts of decisions were made in the name of keeping the budget low, the production schedule quick, and the run-time short. So, maybe Phantom isn’t the horror classic that it tries to emulate, but it has an undeniable econo joie de vivre that makes ‘50s schlock so enchanting.