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.

For as long as crime boss Albert Mendoza (Everett Sloane) has been running a notorious ring of hired hit men, District Attorney Martin Ferguson (Humphrey Bogart) has been hunting him down. But Ferguson cuts a deal with Mendoza's henchman Joe Rico (Ted De Corsia), and the mob boss is finally arrested. However, Rico dies mysteriously before he can testify against Mendoza.

A valuable ring is lost. One of a flock of chickens has eaten the ring. Edgar has to get the ring back.