Desc: The Waifs: Directed by Scott Sidney. With Jane Grey, William Desmond, Bob Kortman, Carol Holloway. The story derives its plot from a practical joke perpetrated by underclassmen at the theological seminary from which Arthur Rayburn has just been graduated. At the reception following his ordination, these jokers put rum in the punch served and Rayburn becomes intoxicated. In this condition he is unfrocked by the bishop and the latter's daughter Rene breaks their engagement. Down into the slums goes Rayburn, where he falls under the influence of pretty piano player Rags in a saloon. Rags tries to redeem him, but makes little headway until she prevents the young preacher's attempt to commit suicide in the river. She loves him without reserve and under her guiding care be recovers from his degradation and opens a club for working men. He is so successful that the enterprise comes to the attention of the bishop of the diocese. The bishop visits the club, recognizes its leader, and promptly reinstates him in the ministry. With his future assured, Rayburn turns in gratitude to the girl of the slums who has saved him. He asks her to marry him but in spite of her love, knowing that he still loves Rene, Rags refuses him and returns to the life in which he found her.