Grace Leonard, a typical woman of the New York stage, beautiful but old in sin, seduces William Craig, who becomes a thief in order to shower luxuries upon her. He is sentenced to prison and emerges five years later as a sad-faced, gray-haired man, entirely cured of his mad passion for La Valencia. But she sees him and her old passion is stirred, meaning nothing to her that since his release from prison, he has fallen in love and married a good woman who knows nothing of his past. When William is not swayed by her fascinations, Grace threatens to expose his past life.