This is a short subject film that appears to be a showcase for several musical groups. Such films were commonly used to test out new talent--to sort of toss the acts out to the audiences to see how they were received and to give them experience in front of the camera.
Hal Le Roy plays a dopey young man who loses job after job because he spends most of his time dreaming. Several of his dreams come to life in this film. While this did not turn out to a breakout film for Le Roy, he was pretty good dancer and somewhat likable. In addition to Le Roy, you see performances by the Eton Boys (in a nice little singing number) and Mitzi Mayfair dancing with Le Roy. None of it is great, but it's also pleasant and competent--and worth seeing as an extra on the DVD of THE LITTLE GIANT (with Edward G. Robinson)--especially so you can see the bizarre barber pole dance (just watch those legs go) as well as the uber-weird final scene. You just have to see this part for yourself!!
