It seems that Warner Bros. will be heading back to the Great Depression era for a new magic-fueled project. Film School Rejects is reporting that Warner Bros. has optioned the 2002 Glen David Gold novel Carter Beats the Devil. The site heard the news from the author himself, who responded to an email the site sent.

Warner Bros. just optioned Carter this afternoon. And yes, that's something you can talk about. Let's keep fingers crossed.

Here's a description of Gold's novel by its publishing house, Hyperion.

America in the 1920s was a nation obsessed with magic. Not just the kind performed in theaters and on stages across the country, but the magic of technology, science, and prosperity. Enter Charles Carter -- a.k.a. Carter the Great -- a young master performer whose skill as an illusionist exceeds even that of the great Houdini. Fueled by a passion for magic born of desperation and loneliness, Carter has become a legend in his own time.

Carter the Great's thrilling act involves outrageous stunts carried out on elaborate sets before the most demanding audiences. Night after night, in towns across the nation, he performs these masterful feats, bringing his unique brand of magic to those starved for wonder. But nothing in his career has prepared carter for his most outrageous stunt of all, which stars none other than President Warren G. Harding and which could end up costing Carter the reputation he has worked so hard to create.

Filled with historical references that evoke the excesses and exuberance of Roaring Twenties, pre-Depression America, Carter Beats the Devil is a complex and illuminating story of one man's journey through a magical -- and sometimes dangerous -- world, where illusion is everything.

We'll be sure to keep you posted on any updates on a film version of Carter Beats the Devil as soon as we have more information.