Troubled by the plight of the overtaxed citizens of the Kingdom of Corona, Prince Frederick is inspired by the legend of Dick Turpin and sets out to emulate his adventures.
Yvette, known as a society woman, but in reality a leader of a gang of crooks, sits at the telephone, laughing at the impulsive young man at the other end. Yvette still laughs when Ralph threatens to kill himself if she does not promise to marry him.