Ted Vandeveer, a lawyer without clients, receives notice that he has been included in his rich uncle's will, he and his partner, James Sweeney, are excited, then they find that Ted's cousin Archie inherited nearly everything. With the $700 left after paying their creditors, Ted and James go to a fashionable resort, where the hotel clerk mistakenly puts them in the exclusive suite reserved for Archie. Passing for a wealthy man, Ted attracts many eligible girls, among them Mildred Niles, the daughter of a wealthy broker.

A young man is charged with statutory rape.

Wall Street financier Frederick Searles goes bankrupt, prompting his mercenary wife to marry their eldest daughter Needa to the wealthy, disreputable John Davis Warren, despite Needa's love for Hugh Stanton.

John Kendall was brought up in a wealthy family, but when his father loses the family fortune and then dies, John is left penniless. He joins the army and rises to the rank of sergeant. He soon meets and falls in love with Edith Ferris, the daughter of Col. Dickinson. When he talks to her at a party, Lt. Burkett upbraids him for fraternizing with an officer's family. Edith's mother, not wanting her daughter getting involved with a lowly enlisted man, conspires with Lt. Burkett to discredit John.

Tom Brown shows up at Harvard, confident and a bit arrogant. He becomes a rival of Bob McAndrew, not only in football and rowing crew, but also for the affections of Mary Abbott, a professor's daughter.