Jerry Martin is a bank clerk whose chief responsibility is to care for Agamemnon, the vice-president's canary. One day the bird escapes, and Jerry frantically pursues it until he meets up with a group of hoboes who suggest that both he and the bird enjoy their freedom. Fascinated by the idea, Jerry lives the carefree life of a wanderer with Baron Bean, a tramp, until his clothes are stolen while he is swimming and he is forced to don the apparel of Batchelor, a stockbroker. With Batchelor's consent, Jerry, in the guise of the financier, lives for several weeks at the home of wealthy businessman John Bartlett and his pretty daughter Billy. When he discovers that Batchelor is trying to ruin Bartlett, Jerry comes to the old man's rescue and is offered a partnership in the business. Jerry's former employer leaves him a substantial inheritance for treating the canary so kindly, and the bank clerk-turned-hobo-turned-millionaire wins Billy's heart.