Accountant Augustis King discovers that his wife, Marfhe, is having an affair with his boss Sam Bellows. He telephones Internal Revenue Bureau that he can give evidence of a large tax-evasion racket. Before IRS-agent Steve Daniels arrives, King is murdered by a henchman of Bellows and his partner, Ernie Medford. Daniels discovers that Bellows and Medford are smuggling gold bullion from their mine in Mexico, and sell and bank the money under assumed names. they hide the bullion in a compartment welded to the bottom of a car.

"Cappy" Ricks comes out of retirement to fight against a bill, sponsored by his old political rivals, that, if passed, would forbid the selling of wooden shingles for house-roofs. He also takes time, along the way, to smooth the rocky road to romance being traveled by Bill Peck and Barbara Blake.

Two rival newspapers are engaged in a circulation battle, complicated by the fact that a vicious gangster inserts himself into the middle of it. Also complicating matters is that one newspaper's editor and circulation director are competing for the affections of a pretty blonde reporter.

Elmer Whippet inherits the Whippet Pickles company and sets out to meet the two stars, Mary Reynolds and John Stowe, of the radio program sponsored by his company, as he thinks their on-air quarreling is real. Two former associates, Jules Kinsey and J.M. Snow cross him up by substituting Susan Blair, an office secretary, for Mary and Elmer thinks the show's writer Paul Stevens is John.

Dagwood accidentally discovers a non-flammable paint. Bad guys Dillon and Stack steal it before he can give it to his boss Radcliffe. To show off his invention, Dagwood paints Radcliffe's house with it and is disgraced when the house burns down!

A young man who steals valuable Oriental objects for a crooked antique dealer is hunted down by the police after his latest Chinatown robbery turns violent.