When a waiter gives a society girl a public spanking for attending a Communist rally, her soup-tycoon uncle makes the waiter a vice-president of his company.

In this comedy, actor Hugh Herbert plays six different roles. Only one of the roles is a man. The story centers around a dizzy music lover, who has grown rich through real estate deals. Also figuring in the story are a cab driver/performer, and a down-on-her-luck, aspiring singer. They meet when she hails his cab as she skips out on her former boarding house because she cannot pay rent.