Peggy and Bill are high society lovebirds, but their marriage plans are put on hold while Peggy spends most of her summer straightening out her wayward parents and her unlucky-in-love sister Janet. Mama and Papa are set to rights fairly quickly, but Janet's the one with real problems. It seems she sent some compromising love letters to a worthless cad, and now the bounder wants to use the letters for blackmail. Peggy's friend Roger and his flapper sweetheart Tootie hatch an elaborate plan to retrieve the incriminating letters and salvage Janet's reputation.

Herman and Pat attend a dance at a co-ed school, with Pat dressing as a girl to become Herman's partner in an effort to avoid two homely girls forced upon them by the dean of women. Herman had been counting on his girl to save him but she hasn't arrived. When she does arrive, Herman is in trouble trying to explain his "date," Pat as a girl.

Sally Newton is in love with Lee Sullivan, a young tenor singer with Johnny Johnson's Orchestra, but her father prefers a stuffy young clerk as her suitor. She makes him taker her to the nightclub where Lee sings. Lee has arranged for Sally to elope with him, his song "Let's Take It on the Chin" being the signal for her. But the clerk has hired a tough gangster to keep Lee from singing.

June Allyson is a cashier in a dance hall and her friend Imogene Coca wants to get a job there as a dance hostess. June advises her she needs to first make herself attractive to men,and gives her a book on the subject. But Imogene, by mistake, picks up the wrong book and reads one on the art of jiu-jitsu. Imogene's first customer is a bashful sailor who gets turned every which way but loose. Hank Henry also appears as a sailor. All four performers had better things ahead of them although,in the case of comedian Hank Henry, not by much.

A musical short about a young couple, an artist for an advertising firm and a hopeful model. They try a couple of schemes to get Sally a job with the firm.