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Spanish dancer Bonita della Guerda has a dream in which she is killed by a jester after declaring her love for a prince. Because she fears the dream will come true, she dares not reveal her love for Peter Gordon, whose uncle, Bliss Gordon, also shows her considerable attention. Bonita's relationship with Bliss is misunderstood by both Peter and her longtime protector, Emilio. In his jealousy the latter shoots Bliss's wife, Eve, who is performing Bonita's dance in hopes of recapturing her husband's love. Bonita no longer fears her dream and is united with Peter.