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Living in exile in Holland in 1660, British monarch Charles Stuart learns that a group of "Roundheads," followers of the current British ruler Oliver Cromwell, have been sent across the English Channel to assassinate him.  Charles, however, is more interested in attractive farm girl Katie than his personal safety.  Later, Charles receives a coded message requesting his return to England to lead a revolt, but refuses to return unless he is called by his people, not a few select followers.

After Charles is finally convinced by his top advisor, Sir Edward Hyde, to go into hiding in the country, he makes his way to Katie's farm, where he accepts work as a farm hand.  With revolution at England's doorstep, the Roundheads send the notorious Colonel Ingram to Holland to kill the exiled king.

Meanwhile, Dick Pinner, an actor, arrives at Katie's farm impersonating Charles, who then makes arrangement for the impostor's lodging at Katie's inn.  As word that the "King" is staying at the inn spreads, the French Countess Anbella and her entourage arrive to visit her old friend.  The countess immediately recognizes Pinner as a fake, but as she prepares to leave, she sees Charles and sets up a late-night meeting with him.  Anbella gives him a music box, a gift from the French king, which Charles later sells to pay Katie's debts to her cousin Jan.  Katie, however, sees Charles with the countess, and jealously orders him to leave, only to learn later from Anbella what he has done.

Charles and Katie are then reunited, but their happiness is quickly interrupted by the arrival of Ingram at the inn.  Charles is forced to reveal his true identity when Ingram prepares to kill Pinner, even though the actor has confessed his identity.  Despite being outnumbered, Charles manages to escape Ingram and his men, and makes his way back toward the city.

Upon learning Charles' true identity, Katie rides across the fields and helps him hide in an old windmill.  Ingram and his men follow her there, however, and Charles is seemingly doomed until the arrival of his cavaliers.  Charles kills Ingram in a sword fight, then learns from Hyde that he has been recalled to England by the new parliament.  As he prepares to sail home and reclaim his crown, Charles is forced by duty to leave Katie behind, though they proclaim their undying love for each other.