The story of the training of a racehorse, the Whip, of the amnesiac nobleman who loves the horse, and of the villains who attempt to keep it from racing.

Upon leaving prison, an ex con vows to go straight, but circumstances force him to return to crime. Meanwhile, a gang of crooks kidnaps a visiting British aristocrat, but the ex-con has an incredible likeness to the Englishman, and his intended hosts take him home to their mansion.

A writer bets a publisher friend that he can write a 10,000-word novel in 24 hours. The publisher takes the bet, and gives him the "only key" to his Baldpate Inn, which has been closed for the winter, so he can write in complete seclusion. Things start heating up, though, when a succession of people who also have keys to the inn begin showing up.