Otto is a cobbler. He has a shop in a basement under a millinery store. Otto and two old cronies delight m watching the ankles of the people that stop to look in the millinery window above. At Otto's home, Willie is courting Katie, Otto's daughter. Maggie, Otto's wife, disapproves of Willie as a son-in-law. Willie catches Otto flirting. He threatens to tell Otto's wife and Otto, to ensure Willie's silence, approves of him as a son-in-law and invites him back to the house. Maggie orders Willie out. Otto declares he shall stay. They argue the point and Maggie chases Willie. Otto counts his money and becomes resigned to the fact that he has not enough to uphold the dignity of being "Boss of the House." A counterfeiter, being pursued by the police, runs past the entrance of Otto's shop and drops a suitcase full of bogus bills down the areaway. Otto finds the suitcase and thinks he is a millionaire. He gives his business to one of his cronies, goes to a store, where he gets himself togged out in a swell suit and a plug hat, and starts for home. Willie, meanwhile, has received word that he is to inherit $500 of real money and Maggie now approves of him as a son-in-law. When Otto comes home, Willie's joy is cut short, for Otto disdains to notice him, except to assume Maggie's former attitude and orders him out. He ejects Willie and then shows Maggie and Katie the suitcase full of money. Willie, meanwhile, is telling neighbors of Otto's behavior, and when Otto with Maggie and Katie appear in the doorway, the neighbors are struck with awe and wonder. On the way to the bank, the counterfeiter is attracted by the excitement and recognizes the suitcase. One of the neighbors tells him the meaning of the procession and he goes to head the party off. At the entrance to the bank, the counterfeiter meets Otto and introduces himself as an official of the bank. He takes the suitcase and accompanies them up the steps. As they go up, the counterfeiter darts through the crowd and runs off with the suitcase. Otto, Maggie, Katie, Willie and others give chase. The police catch the counterfeiter in front of Otto's shop. Otto and the others come on and Otto claims the suitcase. The police inform him it is counterfeit and Otto is stunned.