 Roy Rogers (Roy Rogers) goes back east, with his two pals Gabby (George Hayes) and Chuckawalla (Raymond Hatton), to try and raise funds to pay off the mortgage on his ranch. He approaches an old friend of his father s, Roger Hammond (Pierre Watkin), a Wall Street financier, but meets with a rebuff due to the fumbling tactics of his two well-meaning friends, and the machinations of Hammond s race-horse trainer, Tony McGrath (Craig Reynolds), who is working with a gang back west, headed by Miles (Ivan Miller) and Bainbridge (Reginald Barlow), to take over the ranch because of the rich mineral deposits on the property that Roy is unaware of. Roy sings "Me and the Rollin  Sand," "Ridin  Down the Rainbow Trail" and "Ride  em Cowboy" and Louisiana Lou kicks in with "That s My Louisiana."