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.