A politically charged story about a man who dabbles in crime, with disastrous results, to gain the capital he needs to purchase a school where immigrants are prepared for American citizenship. The school's European teacher dreams of a fascist America. Based on a story by Nathanael West and Samuel Ornitz, who was one of the Hollywood Ten blacklisted during the McCarthy Era.

Just before Adolph Greig's solo violin performance at the Cosmopolitan Orchestra, his right hand is injured and his dream, shattered. His flighty children turn their backs on him and he collapses in the street. However, an opportunity arises for him to tutor a young violin prodigy.

A songwriter's young daughter (June Lang) begins to dream of stardom when she's offered the lead role in a new operetta.