This is a musical version of Charles Dickens' "A Christmas Carol". Ebenezer Scrooge is given a chance to reform and save his soul. He is visited by 4 ghosts and is shown visions of his past life and the consequences of his life on others.
Johann Strauss, Jr., a would-be composer of waltzes in mid-19th Century Vienna, attempts to thwart his father's efforts to prevent his success when the older man becomes jealous of his melodic skill.