**SPOILERS** Combination screwball comedy and crime drama having to do with insurance appraiser Bill Farnswoth, Norman Foster, trying to get to the bottom of an insurance policy that has the person who's property is insured well over, about 100 times, then what its worth.
Suffering a fender-bender,which totaled his car, driving to a fire Bill has it out with the person, party girl Betty Marshall played by Evalyn Knapp, who caused him to drive off the road and smash his car into a telephone pole. Commandeering Betty's car Bill has her dog Wag, played by Corky the Dog, jump in the car with him. At the fire scene Bill is unable to save his insurance claim papers-Bill's office was in the burning building- but saved Wag by throwing him out the window where he was caught by the firefighters waiting downstairs.
With Betty and her Uncle R.A Rawson, Oscar Apfel, grateful for Bill's heroic efforts in saving Wag it later makes it very difficult to have his boss Cedric McIntyre, played by Sidney Blackman who was the evil Satanic cult leader Roman Castevet in "Rosemary's Baby", fire him.
McIntyre together with Rawson had concocted a scheme to burn down Rawson's warehouse and split the insurance money a cool one million dollars. McIntyre had falsely appraised Rawson's inventory to be worth well over three million dollars insuring it for only on million being the smart and shrewd businessman that he is. The real story is that Rawson was flat broke and about to declare bankruptcy with nothing to insure at all at his warehouse. Both Rawson and McIntyre planned to have the place burned down and have the insurance money, at least in Rawson's case, bail them out financially.
The fact that Bill noticed the vast discrepancies in what was insured, one million dollars worth of inventory, and what was actually in the warehouse,not more the 200 to 400 dollars worth of cans of gasoline, made him a thorn in both McIntyre and Rawson's behinds. Having McIntyre rescinded his firing of Bill, after both Betty and even Rawson's came to his defense, Rawson tried to pay him off through his unsuspecting niece Betty. It was Betty who ended up giving Bill an expensive luxury car for all the difficulties she had, in his smashing his old broken down jalopy, caused him. This lead Bill to get suspicious and dig even deeper in the Rawson's insurance claim that lead both him and McIntyre to jump start their devious plan.
It's when Betty realized what both her Uncle and McIntyre were up to that she joined Bill, whom she earlier dropped, in his mad dash to the Rawson warehouse to stop the arson that Rawson and McIntyre were planning to start. A fire that would not only burn down the warehouse but a textile factory next door and possibly kill and injure hundreds of hard working, this in the depths of the Great Depression, men and women employed there!
Nothing really that much of an either screwball comedy or crime thriller with only the dog Wag, in the short time that he's in the movie, giving a really standout performance. There's also the spectacular fires sequences, from stock newsreel footage not special effects, that keep you watching and at the edge of your seat. In seeing if both Bill and Betty, who ends up trapped in the flaming warehouse, can save the day and the hundreds of textile workers before the deadly flames engulfs them.