Fortunes are amassed by an nincompoop millionaires in the attempt to set aristocracy and wealth, instead of achievement.
Professor continues: "Oh, and while we are on the subject of an nincompoop millionaires, it might be well to consider my plan on limiting the antics of their offspring by establishing a 90% inheritance tax."
He then finds himself without money on the campus, with a homeless man, Pete, asking him for a dollar.
As Pete wants back his two bucks note Professor Jones answers he is out of the job and needs himself the money.
Pete shows him some tricks, as the 'civil war act', the system he and his fellow beggars have all over town.
Pete and his fellow beggars have a meeting with him trying to find out how to make him work in their racket.
When he gets a visit for an interview from the World improvement league, those same people through their questions give him the big idea: He will ask the people to make him a public millionaire to show his ideas, through public subscription of 1 dollar each.
Larkey a PR-scoundrel likes Jones' idea as he sees how much money he can make.
When he explains, that to get the first page he would have had to pay 5 Million dollars and he got it for free, he realizes that it could turn in his favor.
When the authorities come to Jones, he is fortunately able to say he is working as an Organization: The World Improvement League.
As Jones tell Pete and Larkey that there is no World Improvement League, that it was only a name he made up at University, Pete doesn't capitulate and starts an intensive fast training with his fellow beggars to become a fine bunch of public-spirited citizens financiers until Friday.
The Inspector gives Jones 15 days to complete the fund, if not the money has to be redistributed to the public.
His daughter Irene at that point changes side: she tells her dad that what he does is illegal.
On the question if it will change his life, he answers: the trouble in this country is the uncertainty of disposing of the surplus.
Asked by Jones to repeat what he said, Irine answers: Surplus women and no distribution!
In Chicago Jones is able to talks some minutes to the Radio audience thanks to Pete making the show of his life as an epileptic to divert the police.
Finally Jones is able to distribute the surplus, as the million is achieved: every citizen who gave one dollar is rewarded by a good worth 3,- $, and the manufacturers received cash pay off their obligations.