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Four wealthy young men, Larry Van Cortlandt, Castleton, "Fatty" Harriman and Payne, become intoxicated in a cabaret where munitions maker Stanhope Shelton is giving a party for his daughter Natalie. Larry is attracted to Natalie, but he is ejected with his friends before he can secure an introduction. Plainclothes detective Hogan vows to capture Larry, who seeks asylum on his yacht with his friends. After the crew quits, Larry and his friends handle the boat. The next morning Castleton and Payne place a "for hire" sign on the boat and the Sheltons engage it. Larry teaches Natalie to steer and runs into several boats in the process. Four people in the Shelton party turn out to be burglars and rob the other guests. Meanwhile two other crooks rob the Shelton mansion. Larry manages to capture all the crooks at the Shelton home, and he wins over both Natalie and her father.