After their circus goes bankrupt, old clown Pipo, trick rider Cora, and little Silvio are left penniless. They can't even afford to feed the animals they have left. Reporter Conny Meister immediately senses a touching story. Dairy owner Runkelmann, on the other hand, wants to take advantage of the circus's plight and buy up the land for a factory. However, he didn't count on the commitment of the neighborhood children.