Alan Richards is the sole survivor of a pearling lugger which has been shipwrecked on Pakema Reef during a typhoon. He sets out to recover some pearls which went missing in the wreck, crossing through the jungle and fighting headhunters.

The plot concerns a man, Joe Blake, who works as a stage hand in a vaudeville theatre headlined by Mysto the magician. When he finds out that the girl he is in love with, Molly, is getting married, he gets drunk with his friend Happy Morgan and decides to commit suicide.