Ann Schuyler is an upper-crust socialite who bullies her reporter husband into conforming to her highfalutin ways. The husband chafes at the confinement of high society, though, and yearns for a creative outlet. He decides to write a play and collaborates with a fellow reporter.

Joe Tomasso is an Italian-American bookmaker and gambler who, outwardly, is hard but soft-hearted inwardly. He becomes fond of a homeless waif, Jackie Curtis, and begins to look upon him as the son he never had. But when Jackie's mother appears, Joe has a hard decision to make.