In New York, Bill Stratton saves a friend's marriage, but Bill's fiancée, Evelyn, misinterprets the situation and believes Bill to be unfaithful to her. She breaks her engagement, and Bill, in remorse, goes to Alaska. In the town of Yellow Gulch, Bill meets "Silver" Jack Belmont, the man responsible for nearly ruining the marriage of Bill's friend.

Wrongfully convicted rancher Jack Bowen (Neal Hart), imprisoned through the machinations of Dick Thompson (William Quinn), escapes from prison just as the warden (Charles Wellesley) is about to pardon him. Caught after rescuing the warden’s daughter, Betty (Barbara Kent) from her runaway carriage, Bowen is released despite the escape attempt and moves to Calgary to compete in the Stampede. Thompson tries to have Bowen killed during the competition but failing that takes Betty as a hostage and flees. Bowen, Betty’s father and others give chase.