1. Hughie is introduced. He's an upper class guy with no job, but good looks and charm. He is in love with Laura.
2. Colonel Merton does not allow Hughie to marry his daughter unless he has 10.000 pounds.
3. Hughie goes to the studio of his painter friend Alan, sees a beggar man there and gives him his last souvereign. The beggar turns out to be Baron Hausberg and Hughie feels quite stupid
4. The baron, however, appreciates Hughie's kindness and rewards him with 10.000 pounds so he and Laura can get married
3. Hughie and Laura get married.