Although free spirit Helen Bauer does not believe in marriage, she consents to marry Don, but his infidelities cause her to also take on a lover.

A drunken newspaperman, Jerry Corbett, is rescued from his alcoholic haze by an heiress, Joan Prentice, whose love sobers him up and encourages him to write a play, but he lapses back into dipsomania.

"Happy" MacDonald and his unfaithful wife own a Prohibition era night club. On this eventful night, he is threatened by bootleggers, and the club's star dancer falls in love with a young socialite who drinks to forget a personal tragedy, among other incidents.

Musical comedy antics in an art deco bakery (motto: "Glorifying the American Doughnut") where Eddie Cantor, the overworked assistant to a phony psychic, is mistaken for an efficiency expert and placed in charge. Complications ensue when the psychic and his gang attempt to rob the payroll.