Childhood sweethearts from opposing social standings are separated when one's family moves elsewhere, leaving behind only a watch as a token of their friendship.
At the Polar Bar & Grill in the Klondike, Popeye and Olive Oyl are the sole proprietors. Dangerous Dan McBluto, the owner of a fur farm, walks in and kidnaps Olive.
In 1834, Charles Stewart (Alan Ladd), the spoiled, dissolute son of a shipping magnate, is shanghaied aboard the Pilgrim, one of his father's own ships.
Professor J. Waldo Purrington wants breakfast but has run out of food, he spots a fish truck outside but he has no money to pay for a fish so he decides to steal one, but he remembers his calendar quote "honesty is the best policy", so he can't bring himself to steal it, so he decides to try and make one fall out of the truck so he won't feel guilty.
A British wartime aviator who cheats death must argue for his life before a celestial court, hoping to prolong his fledgling romance with an American girl.