Mary Alden and her brothers Matthew and George have extremely different political views. Matthew is a committed pacifist, and is constantly giving speeches against war. George is notified that his draft number, 258, has been called and to report for induction, but he refuses. Mary, on the other hand, is intensely patriotic and comes up with a plan to shame him into reporting for induction. Meanwhile, Matthew is being set up for a patsy by a gang of German secret agents, led by Van Bierman, who are planning to blow up an airplane factory.

Henri Labordie (Tavernier) is the father of twins. Jeanne (Taliaferro) is sweet and winsome while her brother Jaques (Taliaferro), pampered by her father, is ill-tempered. When Jaques dies through his own caddishness, Jeanne, to spare her father from the shock, clips off her hair and dons boys clothing so that her father will think that it was her and not Jaques who drowned in a stream. When Labordie dies, Jeanne's deception ends when she goes to Montreal to fulfill an ancient pact, and there she finds happiness

Amelia is a gifted violinist who is in danger of quitting the Brissac Academy of Music. Julius arranges to have a scholarship given to her through his employee Tony so that Julius can escort Amelia to every musical event in the city. The trouble begins when he cannot meet her one night and Tony goes in his place. Tony believes that Julius and Amelia are a couple and then son Paul thinks that Tony and Amelia are a couple as he is sending her the money. The worst part is that Amelia might leave classical music for swing music with classmates Dusty, Joy and the band.

Grizel is the daughter of the Painted Lady, who believes that her lover will one day return. Grizel is ostracized by the other children of the town. Tommy and his sister come to the town. Tommy is friendly, but Elspeth keeps her distance. When the Painted Lady dies, Dr. Gemmell makes Grizel his housekeeper. Time passes and after the doctor dies, Grizel, who is now twenty-one years old, loves Tommy, who is an author in London. Tommy visits the town but cannot decide whether he loves Grizel. Grizel knows that Tommy does not love her, and after he returns to London her unhappiness leads to insanity. Tommy returns and marries Grizel, although he believes that she will hate him when she gets better. After two years under Tommy's care, she regains her sanity. After Tommy lets her know that he cared for her out of his love for her; not for pity, Grizel is happy.

John Wheeler (Warren Cook) gets himself in some financial hot water and needs to prove that he is half owner of some land in Canada. But the only person with a copy of the deed is Jean Corteau (Edwin Carewe, who also directed), and Corteau has gone up to the property and decided to claim all of it for himself.

The film opens in Ireland, as a dying Patrick McNairne tells his daughter Jerry to go to New York and look up Norton Burbeck, a wealthy young man whose life Patrick had saved some time earlier (the surviving print, largely complete, lacks the second page insert of a letter explaining the full background). The affable Burbeck is due to inherit his uncle’s fortune provided he’s married by November; if not, the inheritance will go to his cousin Howard Curtis. An adventuress, Beatrice Gaden, and her husband Dick are in cahoots with Curtis: Beatrice pretends to be single in order to string Norton along up to the November date, at which time Curtis will come into the money and give a share to his unscrupulous partners.

Leaving his wife Rose for a few weeks and eager to do research for his new novel about the elderly, Henry Norman goes to live in a home for the aged, where Blossom, the home's young maid, falls in love with him. When she lets him know how she feels, however, Henry tells her that he has a wife, and then, his research over, he returns to her. He discovers, however, that Rose has eloped with his friend, Perry Westley, and that they both have been killed by a lightning bolt that struck Perry's car.

Debutante Hope Merrill returns home one day to find her financier father Amos Merrill on the verge of committing suicide. Rather than reveal the truth -- that he has misappropriated funds from his own company -- Merrill claims that he has been ruined by young John Cook, Hope's sweetheart.

According to Vachel Lindsay, "the best film fairy-tale the present writer remembers".