The heartbreaking but hopeful tale of Danny Kenny and Peggy Nash, two sweethearts who meet and struggle through their impoverished lives in New York City. When Peggy, hoping for something better in life for both of them, breaks off her engagement to Danny, he sets out to be a championship boxer, while she becomes a dancer paired with a sleazy partner. Will tragedy reunite the former lovers?

Carlo Roma and his foster-son, Toma, and their friend Beppo, are living a happy fisherman's life in San Francisco until Carlo's widowed sister-in-law, Stella, shows up with her brat-son, Rudolph, and takes over. Poor Toma gets his feelings hurt and the idea he "isn't wanted" and runs away