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When Dick Tyler (Conrad Nagel) becomes a partner in the firm of Knight and Tyler, he marries his sweetheart, Doris (Marguerite de la Motte). Jim Knight (Lewis Stone) disapproves of the marriage -- he points out to Tyler that a wife interferes with business. When Dick and Doris attend a dinner given by Doris' school chum, Evelyn (Paulette Duval), they're surprised to see Knight there. Evelyn, they discover, is Knight's mistress and he is keeping her in luxury. Too much luxury, it turns out -- he has spent the firm's surplus funds on her, and now the company is in trouble. Knight begs Evelyn for help, but she coolly turns him down. Doris, meanwhile, goes to a banker friend and pleads her case so effectively that he offers to accept Dick's note. When she and Dick go to tell Knight, they find he has committed suicide. The banker marries Doris' friend, Flora (Louise Fazenda), and the two couples agree that it is cheaper -- in every way -- to marry.