Boy who thought his father a war hero finds he was really a deserter.

In Russia in the early 1900s, Fedya, a handsome, self-indulgent womanizer, falls in love with and marries Lisa, his friend Victor's fiancée. Fedya quickly tires of domestic life and resumes his profligate ways, drinking and gambling away his family's fortune. Lisa refuses to leave him despite his deplorable ways, so he takes drastic measures to ensure that she will no longer be harmed by his actions and reputation.

The backdrop is fifteenth century France, and Charles, Duke of Burgundy has promised his daughter, Princess Mary, that she can marry the man she loves, Prince Maximilian of Styria. But when the Swiss threaten war, the duke is compelled to take back his word and he arranges for Mary to wed the half-witted dauphin of France's King Louis XI .

Follows three generations of the Mayne family through the year 1921-22. The 81-year-old patriarch reminisces about his rough beginnings in post-Civil War railroading, son Rufus rides rough waters as a wealthy financier, and his wife and three daughters muddle through their New York high society life.