A widowed mother, the poorest of the poor Irish peasantry, tries to make life cheerful and pleasant for her two little ones. She tells them fairy tales from Irish folklore. The one that pleases them most is about the fairies who boil buttercups from the fields into gold. Her children decide that they will follow the example of the fairies, gather some buttercups and boil them into gold. A generous huntsman coming that way empties his purse into the kettle with the buttercups. They call their mother and she is soon possessed of sufficient means to relieve her needs. Surmising the source from which their wealth has come, she thanks God for his goodness. The children are convinced that the good fairies have imparted to them an endless source of supply.
—Moving Picture World synopsis