John (Fred Astere Fred Astaire) is a very talented dancer, and singer Cade (Victor Moore Victor Moore) is John's best friend and partner. The friendship between the two is very deep. John is determined to marry his childhood sweetheart Margaret (Betty Furness), but Cade is not optimistic about the marriage. In order to ruin John's wedding, Cade found various excuses to procrastinate, causing John to miss the wedding ceremony. Angry that Margaret and her father asked John to bring 25000 dollars in order to get their forgiveness, John had to set out on a journey to raise money. John and Cade come to New York and meet a woman named Penny (played by Ginger Rogers Ginger Rogers) in an accident. After some twists and turns, John found that Penny was a dance instructor, not only that, but also in tune with each other, so he decided to form a partner.