Five O. Henry stories, each separate. The primary one from the critics' acclaim was "The Cop and the Anthem". Soapy tells fellow bum Horace that he is going to get arrested so he can spend the winter in a nice jail cell. He fails. He can't even accost a woman; she turns out to be a streetwalker. The other stories are "The Clarion Call", "The Last Leaf", "The Ransom of Red Chief", and "The Gift of the Magi".

An actor is recalled to active duty with the Army's C.I.D. to find the thief who stole historical jewels in occupied Germany and the trail leads to the boyfriend of a young debutante from Bel Air.

In 1924, stage-struck Boston blueblood Hannah Adams picks up musical star Tim O'Connor and takes him home for dinner. One thing leads to another, and when Tim's show rolls on to Chicago a new Mrs. O'Connor comes along as incompetent chorus girl. Hollywood beckons, and we follow the star careers of the O'Connor family in silents and talkies.

Frenchwoman Michele de la Becque, an opponent of the Nazis in German-occupied Paris, hides a downed American flyer, Pat Talbot, and attempts to get him safely out of the country.