The film tells the story of an old beggar ( Herr Paul Rehkopf ) and an unemployed young man ( Herr Fritz Genschow ). They meet each other while wandering through suburbia and their lives will change drastically when a woman loses a valuable necklace in the crowded city streets. The beggar picks up the jewel and this is witnessed by a nearby prostitute ( Frau Lissy Arna ). The finding of the necklace is not necessarily good luck for the beggar.