This song was written by B. G. DeSylva, Lew Brown and Ray Henderson for the 1929 musical Sunny Side Up, starring Janet Gaynor and Charles Farrell. Gaynor performs the song several times throughout the movie. Annette Hanshaw released her version the same year.
Jazz saxophonist John Coltrane covered this for his 1965 album, Bahia.
Drew Barrymore was supposed to perform this song in the Woody Allen musical comedy Everyone Says I Love You (1996), but she wasn't confident enough in her singing ability. Instead, she was dubbed by Olivia Hayman.
Bing Crosby recorded a popular version of this song in 1929 with Paul Whiteman's orchestra. It peaked at #6 on the US Billboard chart.