Ivan Miller, having a played-out gold mine and the ghost town nearby on his hands, sells it off to people looking for a place to settle, claiming that the power company is going to be running a line from what looks like Hoover Dam. They're doing no such thing, so when Gene Autry wanders into town, he finds the people there desperate: no business, no money, and they're going to lose their land. So he subsidizes them with his own cash, and starts to fight Miller's swindles with his own, including a claim that a new vein has been struck in the gold mine.
There's not a tremendous amount of story here, but with a Gene Autry movie, that's no trouble. Just put in a few more songs and a xylophone solo! Polly Jenkins and Her Plowboys play an amusing medley, Smiley Burnette sings "She Works the Third Tub at the Laundry" and Autry contributes a few more serious tunes for a happy little effort. With Carol Hughes. Sally Payne, Lew Kelly, Dick Elliott, and, of course, Champion.