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Tracy Egan, an English vacationer, meets Myra Cooper, an attractive Englishwoman, on a train from Paris to Madrid. At the Hotel Nacional, they have dinner and go dancing, and by the end of a romantic evening, plan to continue seeing each other. When Tracy returns to his room, however, he gets a call from Scotland Yard, where he works, and learns that Myra is suspected of having stolen a pearl necklace from Lady Cumber, the woman for whom she told him that she worked. As gunshots and explosions from the ongoing civil war erupt, Myra enters Tracy's room and rushes into his arms. When Tracy asks her about the pearls, she says that she didn't steal them. Meanwhile, General Montero castigates his subordinate, Lieutenant Chavez, for losing the Paralta necklace, one of the most valuable collections of jewels in the world, with which the general hoped to raise money for his army. He orders Chavez to be shot, but Chavez escapes. Impersonating a waiter, Chavez interrupts Tracy and Myra, and after Tracy leaves the room to arrange for a car to take him and Myra to the airport, Myra, realizing that Chavez is not a waiter, makes a pact with him to escape. When Tracy returns, Myra tricks him into drinking from a bottle that she has drugged. Chavez then demands the pearls from Myra and explains he learned that a young Englishwoman recently called for the safe deposit box in which they were kept. The military escort whom Tracy called then arrives, and Chavez, wearing Tracy's clothes, goes with Myra into a car in which another Englishwoman, Pamela Beaumont, is waiting. At the airport, Captain Delmar, on orders from General Montero, has his men fire on an airplane that is attempting to land. On its descent, the plane hits the car carrying Myra, Chavez and Pamela, and as Pamela gets out of the car, Myra takes the necklace from Pamela's opened purse. When Tracy arrives at the airport, Delmar orders him to be shot until Myra reveals that Chavez is the impostor. Chavez then pulls a gun and, taking Pamela's purse, escapes. Pamela reveals to Tracy that she is an agent sent to get the jewels and escapes with him and Myra in a plane. Chavez is apprehended, but he gets General Montero on the phone to vouch for him. Delmar then tries to have the plane carrying Tracy, Myra and Pamela shot down, but it survives a hit, and the three board a British ocean liner. Meanwhile, Chavez is given a chance by Montero to retrieve the jewels. On the boat, Myra confesses to Tracy that she did not take the jewels until she read in the newspaper that she was accused of the crime, whereupon she panicked and ran. Although Tracy believes her, he says that it is still his duty to take her back to England. She then angrily takes the pearls from him and says that she will use them to buy the boat in order to keep her freedom, but after they both confess their love for each other, she returns the pearls to Pamela. Chavez and his men then board the ship from a gunboat and threaten to blow up the boat unless they give him the necklace. Upset that Tracy is too honest and will see that she will go to prison even though he loves her, she tells Chavez that Pamela has the pearls in exchange for his guarantee of complete safety for her. After Chavez retrieves them, Tracy forces him at gunpoint to leave without Myra. Myra is irate, until Pamela reveals that Tracy saved her life because the necklace Chavez took was a fake and that she still has the real necklace. Myra apologizes to Tracy, who vows to quit the service so that they can escape together. After Chavez shows the jewels to Montero, the general promotes him to brigadier general, but when the jewels are discovered to be worthless replicas, Montero says that it will be a pleasure to shoot Chavez himself. Back on the ship, Myra tells Tracy that she realizes that she must go back to England and stand trial. He then reveals that the moment he saw the second set of jewels, he knew that they also were fakes and then realized that Lady Cumber was trying to cash in on her insurance policy and that Myra could not be prosecuted because she stole worthless jewels. Although Myra berates him for leading her on, her protestations end in a kiss.