Homoerotic undertones throughout 'Red River' were put there on purpose by the film's openly gay screenwriter and Montgomery Clift.  All of this, including a scene where Clift and John Ireland compare pistols, went right over John Wayne's head.  In fact, if you watch the film, there seems to be a love triangle between Wayne, Clift and Ireland.

Source: 
'The Celluloid Closet'