Toni Le Brun, a beautiful Viennese singer, becomes the ward of the wardrobe mistress of a Monte Carlo nightclub. Her benefactor, however, is actually a baroness incognito. Toni falls in love with the handsome Richard, but as they prepare to marry, she comes to believe he is only after the wealth accompanying her new noble status. But truth, like true love, will not be kept secret long.

Characters in the film attend a movie titled 'Life’s Mirror', where they see parallel, cautionary versions of their own lives. Only the first two of the original seven reels survive.