William MacPhab loses seven-pounds in the stock market and decides to slap the man who was responsible for the stock manipulation that caused him to lose his money. Astor Terbanks, the stock-market manipulator is surprised the next day when he gets soundly slapped by MacPhab, and the latter promises to deliver one more a day for the next six days. Terbank's daughter, Daisy, is amused by the procedure and is attracted to MacPhab.

Kurt Hoffmann's remake of his own 1953 movie based on the play by Curt Goetz.

A respectable professor inherits a house and money in Montevideo from his wild sister, on the condition that he himself behaves in a disreputable way.