Enoken plays a cloistered rich kid whose father hires a disreputable tutor to teach him how to really be a millionaire: by drunken debauchery, women, and song.
The story picks up from Part 1 as Enoken's young scion forsakes his wealth and takes a department store job – in drag and sometimes blackface – to prove to the girl of his dreams that he be a hard-working, serious man.