Dancing great Bill Williamson sees his face on the cover of Theatre World magazine and reminisces: Just back from World War I, he meets lovely singer Selina Rogers at a soldiers' ball and promises to come back to her when he "gets to be somebody." Years go by, and Bill and Selina's rising careers intersect only briefly, since Selina is unwilling to settle down. Will she ever change her mind? Concludes with a big all-star show hosted by Cab Calloway.

While serving time in county prison, Wallingford sees a story in the newspaper that his cellmate, Schenectady, has inherited a mansion from his recently deceased uncle. Hearing this, Schenectady dreams of luxury.

Two cut-rate private detectives are broke, hungry and down to their last nickel. They decide to hock their banjo in order to get some money for food, and while one partner is negotiating the deal, the other one falls asleep and dreams that a wealthy society matron has hired them to investigate a string of suitors.

Two mobs fight for control of the jukebox racket.

Tommy McCoy and "Dude" Markey are both in love with Harlem singer/dancer Nita. Markey robs a jewelry store and turns the loot over to gang-boss Murray Howard. Later, Markey robs the safe, steals the jewelry, and, in order to get rid of his rival for Nita, frames the robbery on McCoy. The latter's big-brother thinks otherwise and, with Nita's help, sets out to prove it.

A confidence man pretending to be a mentalist swindles a family.

An undercover police woman poses as a nighclub entertainer to catch the main man behind the racketeers going on around Harlem. Meanwhile two men are falling for her.