When her traveling theatrical group goes broke, Poppy, an actress in the troupe, finds herself stranded in Singapore. She's reduced to working in a bar in the seedy part of town as a "hostess", where she meets a down-on-his-luck Englishman. While drunk he gets into a fight, and is forced to kill his opponent in self-defense. The girl helps him escape and goes to Sam, a shady plantation owner, to try to get them out of Singapore. However, Sam has his own plans for Poppy, and they don't include potential rivals for her affections.
Follows three generations of the Mayne family through the year 1921-22. The 81-year-old patriarch reminisces about his rough beginnings in post-Civil War railroading, son Rufus rides rough waters as a wealthy financier, and his wife and three daughters muddle through their New York high society life.
Eileen O'Hara lives as a member of a cult in a remote retreat in the Adirondacks with her father, an embittered man since his wife's infidelity years earlier. Because his wife was untrue, O'Hara is determined that his daughter, Eileen, shall never marry. Peyster Sproul was the man who had the affair Mrs. O'Hara's infidelity, and when he shows up as president of the Sagamore Club and attempts to buy O'Hara's land, the two men come to blows.
Jack Duncan returns from the war in France to his wife and baby and learns that his job as a draftsman at the Loring Steel Mills has been taken. Given work in the machine shop, Jack becomes the prey of Red agitators who want him because of his popularity with soldiers. The Reds cause Jack's discharge just when his house payments come due, and when they convince him of the injustice of his situation, he joins their ranks. After learning of plans to burn the factory and Loring's home, and start a riot in the town, Jack is won over by a socialist's arguments advocating mild reforms. At a meeting of workingmen, Jack praises Americanism. He warns Loring and, with soldiers at a nearby camp, quells the riot. After a woman agitator kills her comrades and then shoots herself, Jack arrives home to save his wife from an attack by a Red ringleader. Jack is then made a foreman at the mill.
Vantyne Carter is a playboy living in luxury off his father. Vantyne's cousin Teddy, meanwhile, leads a fine upstanding life -- or at least he appears to, so he can curry favor with his wealthy uncle, Vantyne's father. One day, the senior Carter, fed up with his son's antics, decides to play a trick on both Vantyne and Teddy. The old man and his lawyer go off on a hunting trip, and then the lawyer returns with news that Carter was killed in an accident.
The daughter of an Arab sheik falls in love with a French naval officer, thus breaking the strict rule of social law of her people, as well as her religion.
Lumberjack Gaston Olaf is newly arrived in the lumber camp of Havens Falls, but it isn't long before he finds himself coming to the rescue of the lovely Rose Havens, who is being pursued by the nasty Lefty Red.
June, a young orphan, is befriended by Perry Bascom when he shares his lunch with her on the road to Rising Sun. They soon fall in love and marry, only to find out that a woman in Perry's past has come to town to make trouble. Teaming up with the local political bully, the schemers set out to make Perry's life miserable, but June sticks by her husband to the end.
Feodor Turov, chief of the Russian Czar's secret police, orders his Cossacks to attack a village he believes to be infested with rebels. The Cossacks attack the village and massacre almost everyone, and the young Katerina is whipped to death. Before escaping to England, her sister Darya swears to avenge her sister's death. Years later--now one of the world's most famous prima ballerinas--she returns to Russia. Turov falls in love with her and manages to secure a meeting. She coyly asks him to take her to see a prison first. As it turns out, what he has planned for her is nothing compared to what she has planned for him.
Ralph Valentine, a penniless pianist, goes to Paris to pursue his career. He is attracted to two women: Pauline, the sweet and innocent daughter of his landlady, and Flora Margot, a woman of loose morals who runs with a wild crowd. Because of his irrational passion for Flora, Ralph makes a bargain with Satan, who gives him a magic skin which gratifies every wish and shrinks, along with the well-being of its possessor, in proportion to the number of wishes realized. Ralph tries in vain to rid himself of the skin after Pauline commits suicide because of his vices. Just as the devil comes to lead him into hell, Ralph awakes with the skin in his hands in an antique store where he had gone to buy a necklace for Flora. He throws down the skin, and runs to Pauline and professes his love for her, happy that he had been only dreaming.