The freighter upon which Allan "Blank", a naval seaman, is serving is torpedoed. He survives the incident seemingly both physically and mentally. His service completed, Allan dreams of buying some farmland in California, which he looks at with one of his shipmates, Jack Stuart. However, after a twenty minute absence, Allan returns in an emotional state, looks as if he had been rolling around in some dust, and the money which he was to use to buy the property is missing from his being. He is admitted into the Pacific Rest Home the result of the this confused mental state, which includes now being violent toward Jack. Once Jack tells the doctors what he knows of Allan's story, the doctors use dream therapy to uncover what is buried deep within Allan's memory to discover what led to his mental collapse and what happened to the missing money.