MGM, in the middle of what would one day be known as its golden age of musicals, probably thought they were onto an easy winner because they had all the finest musical talent of the day at their disposal.

The Pirate was not the first straight-ahead comedy drama to receive a musical makeover halfway through production.

That's not an admonition - it's simply the way they created quality entertainment. Often a production would change hands, get scrapped, revived, or overhauled completely into a new genre according to changing needs and resources. In its classic era Hollywood was not a place where artistes could conceive and execute projects exactly to plan. Only a miracle can save his neck but Serafin and Manuela manage to arrange one. Serafin, aka Macoco the pirate, is sentenced to death by hanging. Despite his pleas that he only is a circus actor impersonating a pirate, he is found guilty of piracy, partly on fake evidence supplied by a fearful and jealous Don Pedro. Serafin, masquerading as Macoco, is arrested by the Spanish troops. Unfortunately, it also convinces the local authorities and the visiting Spanish Viceroy that he is a wanted pirate. His performance is so well-executed that it convinces everyone, including Manuela, that he truly is Macoco the pirate. He pretends to be the famous pirate Macoco and he plays the part well, assisted by the complicity of his troupe. This revelation persuades Serafin to resort to a trick to woo her. At the circus show, during a hypnosis act, Serafin learns that Manuela is secretly enamored of Macoco. Attracted to each another but, while Serafin wants to woo Manuela, she refuses his advances claiming to be promised in marriage to Don Pedro.

She resigns herself to her fate but before the wedding, in nearby Port Sebastian, she meets by chance a troupe of traveling circus actors, led by the handsome Serafin. However, her guardians, her aunt and uncle, aiming to get rich, insist that she marry Don Pedro, the town mayor, an arrogant and bullying much older man. In the Spanish Main, local beauty Manuela Alva, is living on the island of Calvados and dreams of falling in love with the legendary Caribbean pirate known as 'Macoco', sometimes called 'the black Macoco' due to his fearsome buccaneering and looting.

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