A man who works late hours at a deadening job lives together with his wife and his younger sister. The younger sister's a modern girl who's starting to receive romantic attention from one of her co-workers.
When they decide they might as well be penniless husbands and wives as penniless campus sweethearts, three couples at a Midwestern university, against the advice of their friends, get married.
Tex arrives on the Parker ranch on Christman eve and is given the job of being Santa Claus. Also dressed as Santa Claus, Blackie robs Parker and kills a man.
The MGM crime reporter introduces Norman Kennedy, District Attorney of a large city, he who talks about the general want for money, and the extraordinary lengths some will go to to get it.