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At a Charleston, South Carolina party celebrating her forthcoming marriage to wealthy lawyer Hubert Tyler, Polish princess Victoria Wilomirska dances with impoverished Viennese aristocrat Baron Nicholas Prax and the two fall in love. Vicki's friends cannot dissuade her from marrying the charming Nicki, who survives by playing bridge and living off the rich. The pair elope to New York, where Nicki's friend, Basil, a phony grand duke, who, like Nicki, is a "professional guest," warns them that a married couple cannot flourish in the profession. Vicki suggests that they keep their marriage secret and take advantage of her invitations as well as his. When she runs into Hubert at Grand Central Station, she lies about her marriage to Nicki, then goes on to the home of the wealthy Bentleys. During the weekend, interior decorator Linda Wayne, Nicki's suspicious former lover, arrives, incurring Vicki's jealousy. Hubert also arrives, and the next morning, when most of the guests are leaving for a shooting party, Linda insists that they awaken Nicki. They are shocked to discover Nicki and Vicki asleep in his room, and, rather than cause a scandal, the pair reveal their marriage and decide to be the perfect "couple" of houseguests. Unfortunately, many of Nicki's former hostesses are uninterested in a married man, and they are forced to make new wealthy friends. For the next year, Nicki and Vicki travel to a variety of unsophisticated towns in middle America. While staying with the Ransomes in St. Louis, Hubert, Mr. Ransome's lawyer, arrives. The men play bridge that evening, and Nicki, who has had too much to drink, loses $1,200 to Hubert and covers the loss with a bad check. Vicki goes to Hubert and says that without Nicki's knowledge, she used all the money in their checking account to buy a sable coat. Hubert knows that she is covering for Nicki and tears up the check, then offers her money, but she refuses. When Nicki finds out, he feels so badly that he determines to return to New York and find a real job. Ninety miles from New York, they stop at an inn and run into Basil, who invites them to join him at the hunting lodge of the wealthy Bryce-Carews. When Nicki decides to accept "just for a few days," Vicki is concerned, both because she doubts his sincerity in wanting to find real work and because Linda is also a guest. Some time later, Vicki phones Hubert and asks him to help her get a divorce. At the proceedings, Hubert is distressed that the male judge has been replaced by a female, Judge Sidney Hawkes, who is charmed by Nicki. On the witness stand, Vicki discusses Nicki's effect on wealthy women and, although Nicki reminds her of her love for him, she refuses to stop the divorce. Hubert then calls Linda to the stand, and it is revealed that she loves Nicki and Vicki found them in a compromising position during a parlor game called "Sardines." Nicki's sincere profession of love for Vicki moves the judge to tears, but she still grants the divorce. After spending six months in South America, Nicki returns to New York and goes to see Linda, on her invitation. He is cool to her, but she offers him a job. When she reveals that a competitor, Mrs. Vanderlip, is remodeling Hubert's Long Island mansion because he is marrying Vicki, Nicki asks her to get him a job with the decorator. At the mansion, Nicki, who is using the name Manesque, shows up to display fabric samples. After a private talk with Hubert, Nicki is retained, and tells a shocked Vicki that he needs the job because he plans to marry again. At the end of the decorating assignment, Nicki reveals to Vicki that he has accepted a job from a Hollywood friend of Tyler-Blane and will be going West shortly. He pretends that he is happy about her impending marriage and has no hard feelings, but when she starts to cry, he admits that he still loves her and has been trying to get her back. Vicki says that it is too late, then leaves for Charleston with Hubert. Desperate, Nicki follows them. The night before the wedding, Nicki finds Vicki on the terrace and offers her his best wishes, then convinces her to dance one more waltz. They kiss, and a short time later, Hubert tells his aunt that the pair has gone, with his blessings. Finally, Nicki and Vicki happily settle in Hollywood in a small cottage.