Harvey, the arrogant and spoiled son of an indulgent absentee-father, falls overboard from a transatlantic steamship and is rescued by a fishing vessel on the Grand Banks. Harvey fails to persuade them to take him ashore, nor convince the crew of his wealth. The captain offers him a low-paid job, until they return to port, as part of the crew that turns him into a mature, considerate young man.

Freddie Bartholomewas Harvey Cheyne
Spencer Tracyas Manuel Fidello
Lionel Barrymoreas Captain Disko Troop
Melvyn Douglasas Frank Burton Cheyne
Charley Grapewinas Uncle Salters
Mickey Rooneyas Dan Troop
John Carradineas Long Jack
Oscar O'Sheaas Captain Walt Cushman
Jack La Rueas Priest
Walter Kingsfordas Dr. Finley
Harold Rosson