Taking inspiration from a well-known Victorian play, a modern-day prankster poses as a wealthy woman in a ploy to prevent him and his friends from being expelled from college.
The daydreaming tailor Wenzel is fired from his job, because the fancy frock he was supposed to cut for the mayor, he instead made for himself. He is allowed, however, to take the frock, which he appropriated for himself and he puts it on as he leaves the shop. A puppeteer picks him up in his coa...
Anita Halstead, swept off her feet by magician Arturo, finds the results less than magical.
Dagwood decides to go to college. Blondie goes along with him, keeping their marriage a secret. They send Baby Dumpling off to military school where he becomes top sergeant.