Successful singer Bing Crosby is in Monte Carlo on his yacht. He's trying to purchase one of the pistols given by Catherine the Great to John Paul Jones so he can donate it to the US Naval Academy. Russian princess Kitty Carlisle isn't interested in selling. Crosby winds up serving her and her entourage -- Roland Young, Reginald Owen, and Alison Skipworth -- dinner, so they insist on his being their regular waiter. Crosby falls in love with her immediately, and they're broke. The usual complications ensue. Crosby is is very comfortable in his playing, Young is fine, Owen is adequate, Miss Skipworth is wasted, and Miss Carlisle.... well, she's pretty.
There's a pretty good bunch of songs, including the premiere of "Love Is Just Around The Corner" for Crosby to perform. Miss Carlisle sings a Russian song. Supporting performers include William Frawley, Cecilia Parker, Akim Tamiroff and Arthur Housman. It's a pleasant vehicle for Crosby.