Higgins, a professor of phonetics, makes a bet that he will transform a child of the street - a poor flower seller named Lisa - into a real lady. However, a seemingly innocent game of male whimsy becomes a dangerous gamble with a woman's identity and personality...

Liliom, a charismatic early-20th-century carousel operator, loses his livelihood after finding true love and becomes enmeshed in a crime that brings guilt, punishment, and a slim chance at redemption.