The picture is based on the 1920 novel, Norden For Lov og Ret, by Ejnar Mikkelsen, set in Nome, Alaska during the Klondike Gold Rush in 1898 and 1899. Presumed lost.

When oil is discovered just outside a small New England town, the residents go wild at the prospect of newfound wealth, and they invest their money with the head of the venture, a young man named Bruce Merlin.