Soapy (Charles Laughton) believes that getting arrested and thrown into a warm jail cell is the best solution to being homeless in cold weather. Fugitives Sam (Fred Allen) and Bill kidnap a child to raise $2,000 for a new scam, and Della and Jim seek to buy each other Christmas gifts on a tight budget. This anthology of five short stories by author O. Henry includes "The Cop and the Anthem," "The Clarion Call," "The Last Leaf," "The Ransom of Red Chief" and "The Gift of the Magi."

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