Elmer Peters and Gerald Brooks, bond clerks on a weekend vacation, are on the run from a local sheriff after Elmer attempts to fish in a "no fishing" area. The two men arrive at an expensive hotel where they rescue Virginia Rollins and Babs Green, who have just been involved in a car accident. Gerald falls in love with Virginia, and Elmer falls for Babs, and the two fugitives decide to remain at the hotel for the rest of the weekend. Elmer begins boasting to hotel guests and personnel; soon, everyone believes that he and Gerald are millionaires, and that Gerald is an expert boat racer.
Virginia's father owns a speedboat that he plans to enter in a big race. After he fires his pilot, whom he caught taking a bribe, Virginia convinces her father to let Gerald pilot the boat. A competitor, Spencer Colgate, discovers that Gerald is a fraud and threatens to expose him unless he accepts $30,000 to throw the race. Gerald, unable to refuse such a princely sum, agrees. Virginia and her father learn during the race that Gerald took the payoff; but Gerald chooses love and honor over riches, and drives the boat to victory. After he wins, Gerald comes clean, and all is forgiven.
The film was completed as a full musical. However, due to increasing disfavor towards that genre from the public (beginning in late 1930), Warners chose to make many cuts to the film and much of the original music is missing or severely truncated. The Warner re-cut survives in the Library of Congress collection.[2]
The film survives only in the cut version which was released in late 1930 by Warner Brothers, with most of the musical numbers removed. Due to the backlash against musicals, Warner Bros. chose to cut most of the musical sequences before releasing the film.
The film was released as a full musical outside of the United States, where a backlash against musicals never occurred. It is unknown whether a print of this longer version still exists.
^Catalog of Holdings The American Film Institute Collection and The United Artists Collection at The Library of Congress, (<-book title) p.186 c.1978 by The American Film Institute
