A silent Western star has trouble adjusting to the coming of sound.

Nightclub owner Steve Larwitt sees his empire of investments collapse as he faces tax evasion charges and attacks by rivals. Believing Steve will be safer in prison for one year, his wife, Brenda, testifies against him on advice from his lawyer, Slant Kolma, who is in love with her. After Steve receives 10 years in Alcatraz, Brenda moves to be near him and avoids advances of airplane builder Tim Nolan, who knows nothing about her past.

The title character, played by Edmund Lowe, is a famous magician who fakes his own death -- then reappears as his nonexistent twin brother. It's all part of Gregory's master scheme to pin his "murder" on innocent John Randall, the husband of Ellen, the woman Gregory loves.

An industrialist is urged to run for President, but this requires uncomfortable compromises on both political and marital levels.