Madison Hale, a wealthy American financier, is bidding against Govrian Texler, the financial advisor to the King Stephen III of Maritizia, for the concession to run a transcontinental railway through the country. After Madison's son, Dick, completes his college education, he decides to visit Maritizia, the birthplace of his great-grandfather. There he meets Princess Irenia and they fall in love, arousing the jealousy of Ferdinand Vaslof, Govrian's nephew, who is also in love with the princess.

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