Gorgeous Peggy Shannon plays ace reporter Jerry Hanson who is devastated when her first big scoop is ordered to be killed because one of the recipients is very influential in the city. In disgust she heads to the hometown of her reporter boyfriend (always reliable Russell Hopton) to take up the editor's job of the rag, tag and bobtail local "The Apex Advocate". Once she overcomes the old owner, Sam Webster's (Claude Gillingwater) objections that because she is a girl, she will be no good, Jerry finds a huge story that is being smothered, once again because of the undue influence of the town's leading citizen, Martin Blake (who else but Edwin Maxwell). He has put about a story that the town is sitting on oil and encouraged most of the town's people to put their life savings into the stock. Webster doesn't believe it but he is over a barrel; he owes Blake money so the paper can't afford to be impartial. Blake is not happy with the spruced up Advocate, all thanks to snappy Jerry who believes there is oil in the town but now Blake is putting about that he will do the right thing by the town by buying up their "worthless" stock so he doesn't see them out of pocket!
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