The Top Secret Papers
Ya know, I have seen this movie more times than I can count in 33 years and never really understood what the deal with the "Top Secret" papers was. And gauging from both Roger Ebert's review and Babs' own commentary on the DVD she didn't either.
But I finally figured it out! Considering Mr. Jones' comment in the courtroom scene at the end that he's from the government and Mr. Smith (the guy with the papers in the first place) says "the public has a right to know!" this is clearly a thinly veiled reference to The Pentagon Papers. A Vietnam-era controversy (which is even appropriate today) involved the publication of secret DoD papers on Vietnam in the New York Times. The controversy itself was an early factor in the unravelling of the Nixon Administration.
At last, I get it!