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When handsome actor Eddie Wien decides to marry, his uncle Oscar Stein warns that all women are frivolous and selfish, only on the lookout for a fat pocketbook. To prove him wrong, Eddie woos shop girl Golde Blumberg while disguised as a repulsive old millionaire “Herman Weingarten.” Golde initially resists “Herman” but, forced to escape her dire financial situation, she finally accepts. A second bet is devised and the elaborate farce continues. In the end, the lovers triumph over deceptions and mistaken identities.