Based on the real life events of the 1927 Steglitzer Schülertragödie, in which several high school students planned murder-suicides.

Else Riedel (Lissy Arna), locked out by her authoritarian father, seeks refuge with her boyfriend Hans. Complications threaten when Hans's roommate Max falls in love with her, but the situation is resolved: the three remain friends, and decide to form a music hall act. They want to ascend, but how? A way out beckons when a theatrical agent named Nevin enters Else’s life. He is played by Hubert von Meyerinck as a slick and oily villain, who oozes refinement; his experience behind bars is waved away with a silk scarf. He is cunning to the point of perfidiousness, but is not completely unsympathetic. He also embodies a new type - the scrounger.