This drama had two directors: Maurice Elvey handled most of the film, but the fantasy sequence was directed by Henry Otto. Newlyweds Alice and Robert are already having differences over money. He gets angry at her extravagances, especially when she spends more than they can afford on an imitation pearl necklace. Ridgeway, a client of Robert's, invites the couple to a party. Robert wants to decline, but Alice insists that they go. Ridgeway loans Alice a real pearl necklace, to "restore their lustre," and everyone heads for his yacht. Ridgeway pays Alice a lot of attention, while a young widow tries to vamp Robert.

Oscar has been sent to the plains to make a man of himself, is soon visited by his sister Sybil Estabrook, who travels west along with her maid in tow. Oscar, who has been losing at cards to Victor Dufresne, is forced by him to rob a stagecoach in order to pay off his gambling debts.

Ne'er-do-well Joe Louden scandalizes his small town and especially the proper Judge Pike. But through the love of young Ariel Taber, Joe shows the town who the real scoundrel is.

Wealthy Wall Street broker Thomas Maughm finally decides to divorce his spendthrift and reckless wife, and dictates a letter to that affect to his stenographer, Mary Moreland. While dictating the letter, he realizes that he is actually in love with Mary; when he tells her this, she confesses that she loves him, also, The pair make plans to meet in Boston later that night, but before Mary leaves, Maughm's wife confronts her and tells Mary that she still loves her husband. Ashamed, Mary convinces Maughm to go back to his wife. Complications ensue.