Gutsy lass Gracie rallies fellow stall-holders at Birkenhead Market to prevent its takeover and demolition by a department store chain. She invokes the Market's foundation by Royal Charter just before an inadvertent gas leak provides an explosive climax.

English-language version of Ich und die Kaiserin. 'Germany, 1890. Duke falls in love with voice which is not that of empress, but of hairdresser.' (British Film Catalogue)