When a stack of valuable bonds go missing from the Grant household, suspicion falls on little Carmen Grant's playmate Georgie, whose father is a poor ex-convict trying to go straight.

Dan, frustrated by Billie's affections for Mae, turns the lodge goat into a comedic revenge plot. After a series of mishaps involving the goat and a pony, Dan arranges a lodge initiation where Billie is the "goat" of the evening, leading to a bruised and battered Billie and his father returning home and discreetly recognizing each other with the lodge sign.

The famous child detective Dick, with the collaboration of his stenographer, succeeds in uncovering a desperate character. But the little stenographer falls victim to the wiles of the villain's evil accomplices, and is locked by them under vile duress in a barrel of ashes, where she falls asleep.