The first segment, "Circus", set to original music composed for the film by Jacques Ibert, is a tragic love triangle set in a mythical land sometime in the past. Kelly plays a clown, who is in love with another circus performer, played by Claire Sombert. She, however, is in love with an Aerialist, played by Youskevitch. The Clown, after entertaining the crowds with the other clowns, sees his love and the Aerialist kiss and wanders into a crowd in shock. That night he watches them dance together, and after the Lady finds him with her shawl, he confesses his love to her. The Aerialist finds them and thinks she has been unfaithful and leaves her. Determined to win her, the Clown tries to walk the Aerialist's tightrope himself, only to fall to his death. Dying, he urges the two lovers to forgive each other.