Alain Clairfond

Lola Montes, previously a great adventuress, is reduced to being the attraction of a circus after having been the lover of various important men.

Betrayed by his wife, a teacher proceeds to have an affair with a young and pretty student. The two women both find themselves expecting a child. The girl dies during childbirth. In a spirit of revenge and to keep his real son, the scorned husband exchanges the babies.

Martine is a lonely girl in an exclusive boarding school who conjures up a glamorous existence in order to make her dull life tolerable and to impress the other girls. One of her flights of fancy is a love affair with Brevannes, a famous composer. She leaves the school and goes to the French Alps to find the life she's only dreamed about, where she meets Brevannes and a December-May romance develops until she meets a young mountain guide, Henri Vidal.