Throughout the 17th century, the Dutch and English fought desperate wars over which country would dominate world trade for the next two centuries. They waged massive sea battles in Europe and embarked on violent raids in Asia, Africa and North America.

Dennis Terhune, ranch foreman for John Morgan, an eastern capitalist, discovers that there is oil on Morgan's ranch shortly after Morgan has deeded the ranch to Daley, western manager for the Morgan properties. Dennis rides after Daley and retrieves the deed, saving Morgan's ranch and securing for himself the love of the financier's daughter, Eunice.