A gang of friends lose their club house and collect money for a new one by singing in public.

Chronicle about how a song came about. Three young people and an orchestra leader visit restaurants and reviews where music, dance and song numbers are performed by Evert Taube, Ulla Billquist, Gustav Wally, and Britt Nilsson.

Naima Wifstrand, leading old lady, dressed as a Primadonna presents the variety revue "The Old, Happy 40's", a dark time of angst, depression and derailed, wild happiness. Those were the days. Music, dance, songs and hillarious sketches follow.