Tony, a trapeze artist, gets a job at a small circus. When a tempest takes away the tent, Tony stays for the love of the beautiful Belmira who could be a rider... if they hadn't sold the horse. They play at open-air, sleep under the stars, scrimp and save every penny, and soon there's a new tent to be bought... on credit. But Belmira is not happy, she dreams of a real home, while Tony is fascinated by the circus. And the gloomy days are back.