Dick Bisbee loses his job in his millionaire uncle T. W. Bisbee's factory because of the hostility of crooked manager Elmer Robbins. Before leaving, Dick denounces his uncle for his niggardly ways and advises him that there are no pockets in a shroud. Dick goes to live at the home of his one office friend, bookkeeper Stetson, and he falls in love with Stetson's daughter Helen. The next day T. W. feels remorse and under Dick's guidance he abandons his miserly ways and spends his money having a good time. After overhearing Helen telling Dick what she would do if she had T. W.'s money, T. W. follows her advice. Robbins is arrested for embezzlement, and T. W. makes Stetson manager and Dick a partner in the factory.