Blake Waring, a financier, whose life code is to have the best of everything at any cost, is surrounded with every conceivable luxury, but he wants a wife to complete his happiness. He is desirous of obtaining a beautiful picture, "The Chattel," owned by Roger Carvin, another financier, who cannot be induced to sell it.

Social-climbing Arnold St. Clair abandons his pregnant lover Myra to marry wealthy Adeline Stratton. Myra, looking to protect her child, marries Hugh Roland. Adeline's uncle Mark discovers Arnold's secret, and to keep him quiet, Arnold kills him.