On the morning of his first wedding anniversary, Augustus Gale, known as "Gusty" to his friends, awakes with a headache from an evening spent with Linda Betts, wife of Frederick Betts, his wealthy neighbor. Gusty sells 10 blocks of Peerless Park real estate in exchange for 20 blocks of Paradise Garden, a bit of worthless swampland; and his employer is so enraged that he gives Gusty the swampland in lieu of a commission. Following an amusing sequence with Mr. and Mrs. Barker, his wife's parents, Gusty again goes out with Linda, while his wife (Honey) and Betts spend the evening together listening to the radio. Following matrimonial recriminations, Barker offers to buy Gusty's land, which he needs for the right-of-way of his railroad. The couple are happily reconciled.