Rancher Rusty Williams is away at agricultural college and leaves his spread in the hands of his older cousin Shorty. Shorty wants to do more than run a ranch, however -- he wants to prospect for gold, but he has no money. He recruits a pair of partners in the guise of two runaway vagrants and a pair of backers in two stranded singers. But then Rusty shows up, and his four somewhat bumbling hired hands manage to compound Larry and Curly's deep ineptitude, and Rusty wants them all out of his hair.

Returning G.I. Curt Norton (Ken Curtis), owner of a radio station, finds his father Amos (Guy Kibbee) has allowed the station to run down and has squandered Curt's money in bad investments in war-surplus material. Eddie Jackson (Robert Kellard), who owns the rival station, is also attracted to Curt's sweetheart Jean White (Joan Barton). When Curt and the Hoosier Hotshots successfully stage an auction to raise money, Eddie hires Mimi Carston (Claudia Drake) to claim that Curt married her in France.