After Clown Teddy lost his son, he lost his gift for laughter. He opened a joke shop and lives above the shop. His landlady has had a foster son since birth, and Teddy decides to raise the child, who always believed that Teddy was his father. When the mother suddenly appears five years later and wants her son, Teddy decides to run away...

Otto Dernburg is forced by circumstances to dress up as a middle-aged woman.