The title of the film refers to Pearl's character of Baron Munchhausen, which he made famous on his radio show.

[1] A couple of bunglers (Jimmy Durante and Jack Pearl) are abandoned in the jungles of Africa by Baron Munchausen.

A rescue team mistake Pearl for the missing Baron, and take the two of them back to America where they receive a hero's welcome.

The phony Baron is invited to speak at Cuddle College, run by Dean Primrose (Edna May Oliver).

[2] "Clean as a Whistle", a musical number risqué for its time which involves a group of women in a shower, was later featured in the 1994 MGM retrospective That's Entertainment!