If you could envision a picture made in a factory for Best Picture consideration, The Post might be it. Two-time Oscar-winning director Steven Spielberg? Check. Three-time winner and most nominated actress ever Meryl Streep? Yep. Two-time recipient Tom Hanks? Indeed. A historical context that has connections to what’s happening today? Present. Luckily, the film itself manages to be an often engrossing experience that is (surprise) quite well-acted and directed. Does it match the high mark of some other journalistic features that cover similar ground? Not in my view.

The Post opens with State Department analyst Daniel Ellsberg (Matthew Rhys) in Vietnam in the late 1960s and his growing realization that the conflict has no end in sight. Ellsberg has access to classified government docs and by the early 1970s, he wishes to expose the top secrets of the U.S. Government’s involvement overseas from the Truman through Nixon administrations. He first leaks some information to the vaunted New York Times, but attention soon turns to The Washington Post, which at this juncture is considered more of a hometown paper. That paper is run by Katharine Graham (Streep) and she’s the first woman to run such an operation. She inherited the Post after the deaths of her father and husband. While the film’s attention is mostly centered on the impending giant story that they may break, we also witness the difficulties Graham experiences as a woman working in a man’s world. This provides some of the best moments and more examples of Streep’s limitless abilities as a performer.

Graham runs in the D.C. social circles and she’s close with many of the figures her journalists look to expose, including Secretary of Defense Robert McNamara (Bruce Greenwood). The paper’s editor is Ben Bradlee (Hanks), a hard charging type who doesn’t think of the corporate exposure landmines that go along with spilling these secrets. Graham must do so because her business is about to go up for public offering and President Nixon isn’t exactly warm-hearted when dealing with media types.

Therein lies the drama with The Post as Graham and Bradlee struggle to do the right thing. The pic clearly reveres it main subjects and the virtuous acts they took. It also adores the bygone and pre-digitized era of the news. There are lovingly crafted shots of the newspapers being developed for print and frenzied reporters furiously typing their copy to meet their deadline. We also witness occasional spurts of dialogue that border on preachy. Screenwriters Liz Hannah and Josh Singer craft a couple of monologues that could warrant a bright red MESSAGE signal across the screen while its actors are speaking.

That said, the story itself is inherently fascinating and it’s told in a well-crafted manner. There are plenty of actors who pop up in supporting roles, including a very nice performance from Bob Odenkirk as an editor who goes way back with Ellsberg and is instrumental in the paper’s expose. This is primarily the Streep and Hanks show, however. And in case you didn’t know, the two can act. Hanks is playing a part made most famous by Jason Robards in All the President’s Men (for which he won a gold statue). It is that movie that you may wish to draw comparisons with. The Post isn’t in that league, but few reach that level of greatness. The Post, rather, is exceedingly competent.

*** (out of four)