Star-studded anthology about a tailor who curses a tailcoat that then travels, with varying degrees of good and bad fortune, from owner to owner. There's a love triangle, a love match, a concert appearance, a down-on-his-luck lawyer, a swanky party, a crook, and a windfall for some sharecroppers. Fields' party episode (he wears the coat to give a lecture and winds up wreaking havoc) was cut out of the original theatrical release.