Grace Ainsworth wants to return to her career as an opera singer, and her mother-in-law supports her. Grace's husband, Edwin, wants her to stay at home and to convince her, he relates the story of his latest play about a man who allows his wife to return to the stage. Edwin comes to believe that Grace is in love with Harold Chase, a manager, and the couple separates. Edwin has an affair with a dancer, Madeline, and he winds up in a fight with her dancing partner, Vincenti, which causes him to lose his memory.