The film titles run as a funeral takes place. A coffin is placed in the grave. We then see an overcoat being thrown on the coffin, before the grave is infilled. Morrie a Jewish tailor, speaks to himself in the mirror. He is then joined by the dead Fender. They debate the art of tailoring.
Fender is a lowly clerk in the warehouse of clothing manufacturers Ranting and Co. He complains to his boss, Mr Ranting that it is cold, and he wishes he had a good coat. Ranting ridicules him and says he will never be able to afford £20 for a good coat. He goes to a tailor friend, Morrie, to make a bespokeovercoat. They discuss the materials and the cost, which is agreed at £10.
As the coat progresses he goes for a fitting. The coat has no arms, and looks very big, but he says it is too tight under the arms. They agree that Fender will pay £2 at this stage. Ranting fires Fender. He goes to Morrie. They drink brandy by candlelight and Fender cries as he says he must cancel the order. Morrie says he will finish the coat nevertheless.
Fender lies in bed and regrets not fighting for his job, or fighting for a sheepskin coat. He coughs and coughs. He dies in his sleep. His ghost speaks to Morrie, who gives him the completed coat. However he still wants a sheepskin coat from Ranting's warehouse. The pair drink more brandy and go to the warehouse. Morrie asks if he can walk through the wall but Fender wishes to use the door.[4]
They enter and find a rail of jackets. They agree Morrie's work is better but "Ranting owes me" he says. Fender wishes Morrie a long life and says "pray for me", as he slowly walks away into eternity. Back at his house, Morrie puts on a black skullcap and says a Jewish prayer.