Ralph, the son of a wealthy banker, meets young Mimi, a modest student, at a masked ball. They fall in love. Ralph decides not to reveal his real status to Mimi by posing as a poor painter instead. They both live happily in the Latin Quarter, often in the company of their gang of friends. Until one day a Russian princess appears. The temptress has no trouble seducing Ralph. Mimi is devastated.—Guy Bellinger