Tom Larnigan, encouraged by his victory over the Textile Trust, turns his attention to the Railroad Monopoly. Tom receives warning from the Graft Trust to cease his activities or suffer the fate of his father and brother.

A decline in family fortunes forces Bill to become a racing car driver. His wife, Pam, has been carrying on a bold flirtation with a wily philanderer, who, tiring of her, turns his attention to a younger girl.

Revised version of the 1916 film "His Majesty, Dick Turpin."