The real Diamond Horseshoe was a Las Vegas nightclub created by impresario Billy Rose, which spotlighted old-time stars from the early 20th century recreating the songs and skits that had made them great. Rose allowed 20th Century-Fox to use the name "Diamond Horseshoe" for a Technicolor musical, but only on the proviso that Rose's name be included in the title. Billy Rose's Diamond Horseshoe does have the occasional old-timer specialty, but for the most part the plot concentrates on Betty Grable, a young entertainer who romances would-be songwriter Dick Haymes. The affair is frowned upon by Haymes' father (William Gaxton), the manager of the Diamond Horseshoe, who is determined that his son pursue a medical career. The predictability of the storyline is redeemed by Haymes' rendition of the song hit "The More I See You", and by the comedy turns of Phil Silvers.
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