Discovering that her husband is a bigamist, Nan returns with her child to her Puget Sound logging town. She is treated as an outcast by all save Donald, her childhood sweetheart, the son of a millionaire....

In this entry in the Lone Wolf series, the first to have a soundtrack, the jealousies of the King and the coquettish Queen are chronicled. When His Majesty learns that his wife has given the ring he gave to her to her lover, the King plans a large ball and demands the she wear the token. As her lover is a military attache, he is not in the palace, and the queen must send her lady-in-waiting to bring it back. En route, the lady meets a thief and they team up. She does not know that he has been dispatched by the King to steal ring from the attache.

Millionaire meat packer Peter Cameron, greedy for more money and power, maneuvers an alliance between his daughter Rose and George Gray, the son of Cameron's business rival Max Gray, in order to increase his control of the food industry. George, a lawyer, opposes the trust, and as a result is professionally ruined by Cameron, disinherited by his father, and jilted by his fiancée. Out on his own, George gets a job at a mill and starts at the bottom. When an epidemic breaks out among his fellow laborers due to their eating spoiled meat from the trust, George secures evidence of criminal practices which ultimately brings about the conviction of Cameron and the trust. In championing the rights of the downtrodden, George wins back Rose and reforms Cameron.