Chorus girl Rosa Carillo (Carmel Myers) finds herself in dire straits when the troupe she works with is disbanded and her last fifty dollars is stolen. Artist Billy Leeds (Earl Rodney) offers to take care of her, but she's leery of his proposition. Instead she finds work with an Italian grocer, Tony Bonchi (Edwin August). One of the other ex-members of the troupe has Tony arrested on a trumped up charge. Rosa returns to Billy and offers herself to him if only he'll get Tony out of jail.

Cary Grant plays gambler, Joe Adams, who takes on the identity of a dead gangster in order to avoid the draft. Adams plans to use a war relief charity to get his gambling operation up and running, until he falls in love with Lorraine Day and has a change of heart.