Terence O'Rourke an adventurer, has been courting Princess Beatrix long enough to ask her to marry him, but he realizes that, with no steady income, he has no right to propose. Then, the Pool of Flame, a huge ruby that adorns a statue of Buddha, is stolen, and officials in Rangoon offer Terence $500,000 to find the jewel and return it. In tracking down the gem, Terence must outwit such longtime adversaries as Chambret, Princess Karan, and another of Beatrix' suitors, Duke Victor. Finally, Terence manages to complete his mission, and then, with his fortune assured, he ends the long wooing phase of his romance with Beatrix and marries her.