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Young Sam Weatherbee, who leads a carefree existence on his inherited wealth, receives a telegram notifying him that his fortune is lost, owing to the speculations of his executor. In addition, Sam's sweetheart, Mattie Walling, rejects him for the hardworking Dillingham Coolidge. What remains of Sam's estate is an old house in Los Angeles, California, previously occupied by his aunt and now presided over by Judge O'Reilly and his wife. Upon discovering that the house is filled with old junk, Sam conceives the idea of bartering it for food. He achieves prosperity as a junk dealer, although he is ridiculed by his former society friends. However, Mattie is impressed with Sam's progress and soon returns to him after Dillingham tries to undermine his success.
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