- Watch out. Watch out, he's got a gun.
- I'll take it.

7 seconds sound clip from the The Front Page (1974) movie soundboard.

You can hear this line at 01:26:20 in the Blu-ray version of the movie.

Quote context

[...]

- Don't let him bluff you.

- Show him who's in charge.

- Yeah. Yeah, yeah. I'm in charge here!

- I don't care what kind of a hotshot editor you are, I can have you barred from this building.

- That's right. You can. Why don't you throw us out? Both of us.

- Oh, no. Nobody's leaving until I get to the bottom of this.

- For Chrissake, will you give me a break? My girl's gonna leave without me. Now let go of me, God damn it.

- Watch out. Watch out, he's got a gun.

- I'll take it.

- Hopalong Johnson. The Drugstore Cowboy.

- Where'd you get this?

- I got a right to carry a gun if I want to.

- Not this gun!

- I can explain that. He was doing a piece on the Abadaba gang, and I gave it to him for self-protection.

- Oh, yeah? That's very interesting.

[...]