Soon after being wed, American heiress Lady Pearl Grayston realizes her husband has married her for her money and is keeping a mistress. The two maintain a loveless marriage, a trade-off Pearl accepts in order to gain admittance to her husband's aristocratic social circle. While Pearl pursues her own affair with gigolo Pepi D'Costa, her visiting sister, Bessie, arrives and is appalled when Pearl's arrangement is revealed.

In Victorian England, Florence Nightingale's heroic measures slowly change the attitude towards nurses when it was considered a disreputable profession.

Nancy Courtney, a once wealthy socialite, has had to struggle to maintain a facade of prosperity ever since her father's death. Although she loves writer DeWitt Taylor, who is indifferent to amassing a fortune, her mother urges her to marry stockbroker Norman Cravath instead. Nancy acquiesces to her mother's wishes but, despite the fact her new husband does everything he can to please her, she is miserable in her marriage.