President Franklin Roosevelt appoints a theatrical producer as the new Secretary of Amusement in order to cheer up an American public still suffering through the Depression. The new secretary soon runs afoul of political lobbyists out to destroy his department.
Rogers plays a small town banker in the 1890s whose chief rival is the deacon (Middleton) with whom he has traded horse flesh. Taylor is a bank teller who places a winning $4,500 bet on a 10-1 harness racing horse, making him Rogers' bank partner.