Colonel Ryder, the publisher of a magazine, dies while on vacation. Tony, his swinging nephew, inherits the magazine and takes over. Presently, the magazine is planning to expand and to do so they need some capital. Tony's trying to arrange a loan through his friend. He is then informed by the hotel detective of the hotel that his uncle died in, that on the night of his death, a woman, wearing only a towel, came out of his room, and ran away before the detective could catch up with her.