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A man is in danger of losing his job when he talks a foreign company out of placing a useless order. The young engineer is targeted for dismissal by his boss, but the boss pawns the assignment to fire the man on his underling, a childhood friend of the man being fired. While the big boss vacations, vacillates and procrastinates, he puts pressure on his subordinate to fire the engineer. The man with the axe attempts to help his old friend before the axe falls and eliminates his friend's job with the engineering firm. Loyalties are divided, as the engineer faces both economic and political disasters that would follow with his firing.