Notorious pirate Joaquin Santos lives by the saying, "Dead Men Tell No Tales". He conspires with the prominent Squire Rattray to take over and plunder the Lady Jermyn, a ship carrying a considerable amount of gold, and then destroy the ship and kill its crew. Rattray, who is in love with Santos' daughter Eve, agrees to pick up the pirate, his crew and their loot on his private yacht after the deed is done. However, young George Cole, a passenger on the Lady Jermyn who is also in love with Eve, survives the attack and sets out to find her.

Desperate for money, a rancher decides to trap and sell wild horses, using barbed wire. The local Navajo tribe tries to persuade him not to do it.

This film earned an Oscar nomination for Sound Recording. It is the only film nominated in this category that is among the lost. No negative or print material is known to have survived. Contemporary reviews were scathing, describing the film as a vastly overlong and boring talk-fest.

A despairing clown suffering a broken heart and a self-indulgent count who uncontrollably laughs learn to help each other with their problems, but both fall in love with the same young woman.