Nineteenth century Wyoming: the wild West. Mild-mannered Tom Healy has a two-wagon theater troupe hounded by creditors because Angela, his leading lady and the object of his affection, constantly buys clothes. In Cheyenne, they meet with applause, so they hope to stay awhile: the theater owner likes Angela, and she keeps him on a string. She's also the object of the attentions of Mabry, a gunslinger who's owed money by the richest man in Bonanza. Complications arise and the troupe heads for Bonanza, through hostile Indian territory. Is the troupe doomed to a peripatetic life, is Mabry in danger, and does Tom stand a chance with Angela, a hellion in pink tights?
The famous Pink Panther jewel has once again been stolen and Inspector Clouseau is called in to catch the thief. The Inspector is convinced that 'The Phantom' has returned and utilises all of his resources – himself and his Asian manservant – to reveal the identity of 'The Phantom'.
Charles Dreyfus, who has finally cracked over inspector Clouseau's antics, escapes from a mental institution and launches an elaborate plan to get rid of Clouseau once and for all.
April 1945. Because he stole two bars of chocolate, the soldier Rudi is sentenced to death by the court-martial judge Dr. Schramm. Rudi manages to escape from the firing squad at the last minute, and since the end of the war has been making a meager living as a street peddler. Years later, Dr. Schramm is now a respected public prosecutor. By chance, he runs into Rudi one day on the street. Afraid that Rudi will blow the whistle on him, Dr. Schramm wants to scare him out of town. He has Rudi arrested and bullied by the police.