Plot Summary:In prohibition-era Manhattan, shopkeeper Mary Brown loses Aubrey, her childhood sweetheart, when he marries a rich woman. Reporter Steve \"Rollo\" Porter has lost -his- childhood sweetheart, Elaine, who has also married another. Mary and Steve become friends, and make a marriage of convenience, based on a shared sense of whimsical humor as well as their mutual losses. When their old loves re-enter their lives a few years later, Mary and Steve must decide what is really important to them.
After their respective lovers, Elaine Brandon and Aubrey, jilt them to marry wealthier suitors, Steve Porter and Mary Brown meet and become close friends. Although they are still in love with their former flames, Steve, a New York sports reporter, and Mary, a shop owner, decide to marry, agreeing to an "open" arrangement.