Yale grad Dan Brooks (Bing Crosby) is expected to marry wealthy boss J.L. Higgins' (Charles Bickford) daughter Margaret (Frances Gifford) and join the family box-making business. He is far more interested in racing a horse he owns, Broadway Bill....
A police chief hires an old friend, who is an international spy, to help him search for a wanted suspect in the Philippines. When the chief dies, all evidence points towards the spy, and he must go to extremes to defend himself....