Silky (Robert Montgomery) makes a living by bootlegging in Chicago during prohibition. After the alcohol ban is lifted, he decides to go legitimate and start his own liquor company. When Silky learns that he is the heir to an English earldom, he decides to travel to Europe to accept his inheritance. Silky enlists Doc Ramsey (Edward Arnold), a former enemy, to preside over his business. The ex-gangster believes Doc is a moral man; when Silky finds out otherwise, he reverts to his violent ways.
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