Caroline is the forelady of a Fifth Avenue fashion shop. She spurns the tempting life of luxury led by the models of the place. "Old Moneybags," a frequent visitor at the shop, proposes to her. He is twice Caroline's age, and the girl hesitates about accepting him. Her mother, also a victim of the unending struggle to live, tells her that all marriage is honorable. Caroline's brain is in a whirl that night. As she crawls into bed, she takes up "The King's Favorite," a "best seller," which she has read and re-read. As she reads, the characters in the book appear before her in the form of those of her daily life. She falls asleep. Then follows a dream portraying her life as an old man's darling and a slave of luxury. She sees herself setting forth on a continual round of pleasure, with a great warning climax. Caroline wakes, trembling. She gazes out upon the row of tenements. As she eats her breakfast, Moneybags comes for his answer. Caroline disregards the dream and says "Yes." She knew the past, and she dreaded a future like it. What the new future may bring she will chance.
—Moving Picture World synopsis