The film shows the National Unemployment Council Hunger March of Nov. and Dec. 1931, which set out from disparate parts of the U.S. to represent twelve million unemployed.
A group of drinking, smoking and card-playing society women are getting obesely flabby. They go to a gym where various methods are used to reduce their fat.
A foreword warns against the peril of yellow journalism, and the story illustrates it by following events in the upstate New York town of Cornwall after prominant financier George Ferguson is killed.
Stephan Gregorovitch, the unwilling king of a bankrupt Ruritanian country, along with his hucksterish chancellor and musically-inclined bodyguard, travel incognito to London for some fun.