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Arnold Grierson (Campbell Gulan) is a down-on-his-luck bookie with only one real asset left -- his attractive daughter. He pressures her into marrying Nevern, a highly successful songwriter who is as unpleasant as he is rich, in the hope that Nevern will provide him with a new source of income. When the daughter finds life with Nevern more than she can handle, she tells her father she is going to divorce Nevern and marry a news reporter by the name of Hardwicke. Fearful and realizing that he must act fast, Grierson plots to kill Nevern before his daughter can go through with the divorce, thereby assuring that she will inherit his fortune. Grierson makes sure he has an appropriate alibi, so that another man is blamed for the murder. Indeed, as long as he doesn't slip up, it looks as if Grierson will get away with the perfect murder.