Iris Bellamy, the young widow of a wealthy man, will lose her fortune if she remarries. Madly in love with the impoverished Laurence Trenwith who can offer her only love, Lady Iris is also courted by repulsive but wealthy Italian millionaire Frederick Maldonado. When Trenwith decides to venture to America to seek his fortune, Iris, now penniless because her trustee has absconded with her estate, refuses to follow. She is on the verge of succumbing to the enticements of the Italian millionaire when Trenwith returns, and Maldonado, furious, turns her out into the streets. Despairing, Lady Iris wakes up to discover that this was only a dream and, thus chastened, marries her fate with that of the man she loves, Laurence Trenwith.