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Youthful Crown Prince Caryl is told he must marry the Archduchess of Saxheim; and when his father, King Stefan, refuses him a last fling in Paris, he "borrows" the crown, skips off to Paris, and pawns it. Meanwhile, at an American finishing school for girls, Archduchess Victoria is informed that she must return to Europe to marry Prince Caryl and decides to have one last week in Paris; there, on a shopping spree, she buys Caryl's crown from a jeweler. One evening she sees Caryl in a famous gambling club and falls in love with him. Prince Michael, next in succession to the throne, comes to inform the prince of the possible political complications resulting from his scandalous behavior. Discovering that Victoria has his crown, Caryl falls in love with her; she learns of his identity; but her note, revealing her own identity, is intercepted by Michael. Caryl abdicates in order to marry his American sweetheart; then, perceiving the plot, he returns to Paris, heartbroken. Following the abdication of Stefan, however, Caryl abducts Victoria, and they escape via carriage, automobile, and airplane.