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Happy Farrell is caught trying to hold up two men--Charles Nelson, theatrical producer, and Joseph Murdock, a rich artist. He exonerates himself by relating his tribulations as a song-and-dance man and how he gave his last penny to an old woman and her daughter, Leola, also a dancer. Nelson agrees to give both Happy and Leola a chance on Broadway. Leola is a success, but Happy fails and goes west to try his luck. When he returns successful, he finds that Leola, now engaged to Murdock, has become a star. Happy yearns to return to the song and dance circuit and does so.
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