Nicholas Van Alstyne is the richest man in New York City, but he is very disappointed in the behavior of his son, Bertie, who stays out all night gambling and partying, and who seems to show no talent or interest in work. In fact, Bertie is feigning this behavior because he believes it will help to impress the girl of his dreams, his adopted sister Agnes. Unfortunately, it helps him to do nothing more than get disowned by his father.