William Baldwin, ruined in business by his partner, John Blaisdell, implores Blaisdell's aid, and receives in answer a five-dollar bill across the face of which is written, "Spend this for a gun and use it on yourself."

John Howland travels to the frozen North to build a branch of the Hudson Bay Railroad. There he meets and falls in love with Meleese Thoreau who warns him that her three bloodthirsty brothers, Max, Pierre and François, have sworn vengeance against a man named John Howland, the son of a man who killed their mother, and that torture and death await him along the route to his station.

A lonely wife runs off with a traveling actor, taking her boy with her but leaving her daughter behind. The boy, Byron Bennett, grows up, and is stranded back in Mayville with a theater troupe. To make enough money to get out of town, they teach the local fire department how to put on a play. While the village cutie Grace Jessup is being shown how to act, one of the troupe tries to seduce her. Byron, knowing what the lecher is up to, even if Grace doesn't, follows the pair and chokes the man senseless.

The disgrace and suicide of her father drives Eleanore Marston from her comfortable existence into a life as a department store clerk in New York. There she meets wealthy Powers Fiske, who offers her a life of luxury if she will consent to an operation on her brain which would deprive her of her memory.

In Imperial Russia, Anna, wife of the officer Karenin, goes to Moscow to visit her brother. On the way, she meets charming cavalry officer Vronsky, to whom she's immediately attracted. But in St. Petersburg’s high society, a relationship like this could destroy a woman’s reputation.

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.

The spread of yellow journalism in a small town almost destroys the lives of several people and threatens the livelihood of the hamlet itself.