Ritzy McCarty is a fighter managed by his wife Joan, who wants him only to fight until they have the money to build a better life. However, he has other ideas.
Fast-talking auctioneer Spot Cash Cutler is content with his Second Avenue existence selling pawned goods for highly inflated prices. One day, a Fifth Avenue society lady picks up a priceless belt buckle for a song at Cutler's shop. Cutler tries to get his cut of the true price, but she makes a counter-offer of an expensive auction house and a scheme to auction off a house full...
To share expenses unemployed Alabama move in with also unemployed Bill and Toodles. Bill is hired by a gangster's mistress and ultimately becomes the gangster's bodyguard. Alabama unknowingly applies for a stenographer's job at Mr. Weber's (the gangster's) business. Bill is forced to fly a plane carrying narcotics into the U.S. but fights back.
