故事发生在车水马龙的繁华大都市巴黎，卡洛塔（Mary Fabian 饰）是一名歌剧演员，某日，剧院之中忽然现身了神秘的幽灵，威胁卡洛塔必须放弃她在歌剧《浮士德》中的角色，并将这个角色让给一位名为克里斯汀（玛丽·菲尔宾 Mary Philbin 饰）的女子扮演。克里斯汀和幽灵之间是怎样的关系呢？
　　原来，幽灵的真身是一直以来潜伏在剧院中的一名头戴面具的男子，一场意外令他的容貌尽毁，变得恐怖狰狞，无奈之下只好戴上面具，躲藏在墓地里。某日，克里斯汀的出现吸引了他的注意，他发现自己已经深深的爱上了这位美丽的女子，于是决定现身将她挟持。起初，克里斯汀十分害怕这位诡异的男子，然而，随着时间的推移，克里斯汀渐渐发现，这恐怖的幽灵亦有温柔善良的一面。

　　To win the hand of the caliph of Bagdad’s daughter (played by Julanne Johnston), a thief (Fairbanks) embarks on a dangerous and mystical journey to secure the most desirable treasure imaginable.
　　The film was a popular success, and Fairbanks made women swoon as one of the screen’s first superstars. Known for his dashing demeanour and incredible stunts, Fairbanks, who would also routinely contribute to the scripts of his films under the pseudonym Elton Thomas, actually created the story for this version of The Thief of Bagdad and included types of special effects and production design never previously seen by audiences. The film was remade several times, of which the most notable is the 1940 British film directed by Ludwig Berger, Michael Powell, and Tim Whelan.

Wealthy Rollo Treadway (Buster Keaton) suddenly decides to propose to his neighbor across the street, Betsy O'Brien (Kathryn McGuire), and sends his servant to book passage for a honeymoon sea cruise to Honolulu. When Betsy rejects his sudden offer however, he decides to go on the trip anyway, boarding without delay that night. Because the pier number is partially covered, he ends up on the wrong ship, the Navigator, which Betsy's rich father (Frederick Vroom) has just sold to a small country at war.　　Agents for the other small nation in the conflict decide to set the ship adrift that same night. When Betsy's father checks up on the ship, he is captured and tied up by the saboteurs. Betsy hears his cry for help and boards the ship to look for him, just before it is cut loose.　　The Navigator drifts out into the Pacific Ocean. The two unwitting passengers eventually find each other. At first, they have great difficulty looking after themselves, but adapt after a few weeks. At one point, they sight a navy ship and hoist a brightly-colored flag, not realizing it signals that the ship is under quarantine. As a result, the other vessel turns away.　　Finally, the ship grounds itself near an inhabited tropical island and springs a leak. While Rollo dons a deep sea diving suit and submerges to patch the hole, the black natives canoe out and take Betsy captive. When Rollo emerges from the ocean, the natives are scared off, enabling him to rescue Betsy and take her back to the ship. The natives return and try to board the ship. After a fierce struggle, Rollo and Betsy try to escape in a small dinghy. It starts to sink, and the natives swiftly overtake them in their canoes. Just when all seems lost, a navy submarine surfaces right underneath them and they are saved.