A feisty, independent young woman, Damophilia Illington ("Phil" for short, hence the title), the daughter of a progressive university professor, is devastated by the sudden death of her father. The town's banker, an arrogant stuffed shirt, wants to marry Phil and has himself declared her guardian. Not wanting to marry him, she quickly leaves town and lands a job at a nearby university as an assistant to a professor of Greek literature (an area in which her father trained her) who is bitter and resentful after the breakup of his engagement to a woman who, it turned out, had been lying to him. "Phil", however, is determined to win him over.

Joe Louden is an outcast in the small town of Canaan, and is especially disliked by Judge Pike. There is one inhabitant, however, who is fond of Joe -- the pretty but poor Ariel Tabor. But she inherits some money and goes to Paris with her father.

When Patricia "Patty" Hudson, a struggling New York writer becomes ill, her doctor, advising a restful occupation, arranges for her to be the private secretary to the aged James Winthrop, Sr. The closeness of their resulting relationship disturbs Winthrop's relatives, Mrs. Harrison Tyler and her daughter Sally, who hope to inherit his fortune.