In 1921, we follow two women - Marie and Grete - from the same poor Viennese neighborhood, as they try to better the lives of themselves and their families during the period of Austrian postwar hyperinflation.

For Balduin, going out to beer parties with his fellow students and fighting out disputes at the tip of the sword have lost their charms. He wants to find love; but how would he, a penniless student, ever dare looking up to any woman worth of loving? Absorbed in his dreary thoughts and indifferent to the advances of Lyduschka, Balduin is unexpectedly offered a fortune by the mysterious money-lender Scapinelli - but on a strange condition...

Based on the play Henry IV by Luigi Pirandello. Conrad Veidt plays Count di Nolli, a nobleman who, after a head injury, imagines he is the medieval emperor. His friends and relatives choose to play along, dressing up as medieval courtiers, but is di Nolli truly mad, or just pretending? The art direction was by Hermann Warm. It was shot on location in Italy. 6 acts, 1856 meters.