This short follows the early career of actress Jane Barnes. She starts by doing extra work. After several months she is offered a studio contract (the "first step").
Frankie Reynolds (Frankie Darro' ), youngest member of a family of jockeys, borrows $4.85 (yes, four dollars and eighty-five cents) from his sister Phyllis (Gladys Blake), who is not a jockey, to buy a crippled colt from the stables owned by Clay Harrison (Kane Richmond).
Peyton Wells (Ben Lyon) rescues Judy Jones (Joan Marsh) from a very dull young man, at a sedate party given for her by her multi-millionaire grandfather Silas P.
In 1921, British Lord Athleigh arrives in Dublin with his daughter, Helen, to engage in peace talks. As wanted Irish rebel leader Dennis Riordan is not recognized in public, he is able to move about freely and saves the Athleighs from an assassination attempt by a radical faction.
Someone is murdering the cast and crew of a new Hollywood movie, and the leading lady may be next. As a police detective locks down the lot and refuses to let anyone leave, the studio’s publicity head and his secretary attempt to solve the murders themselves.