A vaudeville magician team is broken up when Carlee, an ex--circus performer, becomes infatuated with socialite Hilda Schmittlap. Meanwhile his vaudeville partner, Claire, has chosen a new partner, but her "heart isn't in it" because she is disconsolate over Carlee. Curious about her new act, Carlee attends a performance and sees Claire nearly killed when she fails to substitute fake bullets for real ones. Rushing to her aid, Carlee realizes how much Claire means to him.

Jack Ruby (William Fairbanks), the son of a wealthy family, pretends to be a chauffeur and goes to work for Peggy Howell (Pauline Garon), a beautiful flapper.