Jake and Rosie are two cons who are pulling a wildcat scheme, where they claim to have assets or cash, but in reality the assets or cash have not yet been secured. This has something to do with a lake that is supposed to contain borax, probably involving a loan of cash based on the sale of the lake. Nichols, the debtor, is demanding money or will prosecute charges. Jake's plan is to dress up and convince Nichols not to prosecute. Rosie is very nervous and would like to stop getting into this kind of risky business.
James Merivale comments on a falling stock while having breakfast with his mother and sister. The conversation turns to Jack, Maisie's fiancy, who does publicity for a theater group. Maisie complains about having breakfast as.....
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