At a reception for Mr. and Mrs. Vance Leighton, three men are discussing the effects of heredity in shaping the careers of children. To prove his contention that the theory of heredity is often demonstrated to be false, John Strong, a secret service agent, tells a true story: Two orphan sisters are adopted, one by society leaders, the other by a couple of crooks. The latter, known as "The Angel," becomes an expert pickpocket, while the other, Evelyn, becomes a reigning belle.

Larry and Barbara, both the products of rich but broken homes, plan a marriage of convenience. He really loves Marcia, a dancer, and Barbara vamps Keith, an architect. Keith's good sense prevails, and he marries Marcia and helps Larry make a man of himself. Barbara, after an unsuccessful attempt at an acting career, returns and asks forgiveness.

Money isn't everything. Tycoon races against time to cross the English Channel in order to save a business deal, but along the way his whole value system is thrown into turmoil.

When a group of Arizona ranchers discover that an Eastern syndicate has cheated them out of options on their cattle, they send Buck Lindsay to New York to straighten things out.

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A recruit at Sandhurst initially makes a poor impression, but goes on to prove himself by riding in the Grand National.