A broad lampoon of celebrity worship, The Half-Naked Truth stars Lee Tracy as a carnival huckster and Lupe Velez as a "kootch" dancer. Reaching for the moon, Tracy passes Lupe off as an exotic foreign princess--and manages to pull the wool over the eyes of all Manhattan. Now "famous for being famous", Lupe is employed for special appearances by Ziegfeldish impresario Frank Morgan. When the fraud is revealed to the world, Tracy returns to the carnival, with Lupe (who's loved him since Reel One) at his side. Half-Naked Truth co-stars Eugene Pallette as Tracy's assistant; the bullfrog-voiced Pallette has a wonderful moment in which he discovers that he's been mistaken for "Princess" Lupe's head eunuch!
by Hal Erickson synopsis