After Jim Barston is mysteriously killed in Australia, his wife, Helen, lays claim to the estate of Gerald Mortimer Barston in England, asserting that her husband was the missing son and heir. In reality, Jim was the cousin of the true heir, who is also named Jim Barston. Despite having no legal proof, Helen convinces the trustees to accept her claim and is installed as mistress of the manor. Jim Barston appears and proves his identity, although Helen initially believes him to be an impostor.

Engrossed in the perfection of a new high power explosive, the husband seems to neglect his wife. She is further piqued by the introduction into their home of a man whose presence is unexplained, but who is really a Secret Service operative guarding the invention. The Government has asked that the wife be kept in ignorance. In this frame of mind the wife lends a ready ear to Aachen, who suggests that the husband be taught a lesson by the abstraction of this all-absorbing formula. Through this means he gets the formula, but in the end the Government gathers him in, and the only permanent result is a needed lesson to the innocent little traitor.

Nancy Page is a frivolous socialite until her husband Richard becomes entangled in his employer David Davenport's shady business dealings.

Rich wastrel Baron Chevrial fritters his days and nights away pursuing a series of young lovelies and playing with their affections. He is smitten with the charms of Rosa, dancer of the Opera Comique, but marries the prominent Therese Beauchamp while still remaining involved with Rosa. Eventually a new woman enters his life and for a time he is oblivious to everything else until Rosa reenters his sphere.

New York confidence man "Silk" Wilkins ingratiates himself with millionaire Lawrence Gray, knowing Gray’s wife and daughter Zelda were lost in a flood eighteen years earlier. After promising to find Gray's daughter, Silk returns to his boardinghouse, where he finds Alice Sheldon, broke and about to commit suicide. Silk convinces Alice to pose as Zelda Gray and then notifies Lawrence via a note placed in an almond shell that he has found the lost daughter. Lawrence treats Alice so kindly that when Silk demands payment from her on Christmas morning, she refuses. Lawrence, who has overheard the conversation, enters and laughingly reveals that he had known of the frame-up all along. Grateful to Silk for finding him a wife, Lawrence writes the confidence man a large check.

Chorus girl Peggy Malone marries press agent Jimmy Parsons but faces hardship when her shiftless family moves in, causing Jimmy to fall ill and go West for health. Peggy follows, becomes a film star, and ultimately chooses the now-successful Jimmy over a wealthy suitor, securing their future together.