A tale of two rival landladies whose obsessive pursuit of wealth and status ultimately destroys their happiness until shared ruin teaches them the value of humility and family.
Story Structure — 4 Plot Phases
Rivalry in Washington Square
Two neighboring boardinghouse proprietors navigate constant petty jealousy while their children quietly fall in love. The mothers' attention remains fixed on ambition and competition.
Key Events
Neighboring Rivalry Established — Introduction of two boardinghouse proprietors locked in constant petty jealousy. Characters: Marie Jones, Polly SmithLocation: Washington Square, New York
Romance Develops Quietly — Children's love grows unnoticed while mothers focus on ambition. Characters: Marie Jones, Polly SmithLocation: Boardinghouses
Stock Market Entry — Polly ventures into speculation, drawing a skeptical Marie into the market. Characters: Polly Smith, Marie JonesLocation: Financial District
Speculation and Social Ascent
Polly's entry into the stock market draws Marie into a lucrative partnership. Their sudden wealth elevates them to high society, but lack of refinement leads to public ridicule.
Key Events
Stock Market Entry — Polly ventures into speculation, drawing a skeptical Marie into the market. Characters: Polly Smith, Marie JonesLocation: Financial District
Wealth Accumulation — Luck and boldness transform modest landladies into high-society millionaires. Characters: Marie Jones, Polly SmithLocation: New York Society
Social Blunders Occur — Lack of refinement leads to ridicule as they strive to outshine each other. Characters: Marie Jones, Polly SmithLocation: Fashionable Resorts
Status Arms Race — Rivalry intensifies through competitive displays of wealth and status. Characters: Marie Jones, Polly SmithLocation: Upper-Tier Social Circles
Quarrels and Financial Ruin
Obsessive competition fractures the households and separates the young lovers. A sudden stock market crash wipes out their fortunes, forcing a confrontation with reality.
Key Events
Status Arms Race — Rivalry intensifies through competitive displays of wealth and status. Characters: Marie Jones, Polly SmithLocation: Upper-Tier Social Circles
Household Separation — A serious quarrel forces the women to forcibly separate their children. Characters: Marie Jones, Polly SmithLocation: Boardinghouses
Seaside Retreat — Polly retreats with her son, embracing leisure while Marie doubles down on ambition. Characters: Polly SmithLocation: Seaside Resort
Extravagant Gatherings — Marie throws lavish parties, risking greater sums in the volatile market. Characters: Marie JonesLocation: Marie's Residence
Resort Reunion — Fate brings the women together, immediately reigniting tensions and arguments. Characters: Marie Jones, Polly SmithLocation: Fashionable Resort
Children Part Ways Again — Pressured by pride and maternal conflict, the young lovers separate once more. Characters: Marie Jones, Polly SmithLocation: Resort Grounds
Priscilla's Approach — Wounded William is drawn into a relationship with a calculating artist. Characters: PriscillaLocation: Social Club
Reconciliation and Return to Roots
Shared ruin dissolves their rivalry, leading to maternal reconciliation and the young couple's union. The women embrace humility, planning to reopen their boarding house together.
Key Events
Priscilla's Approach — Wounded William is drawn into a relationship with a calculating artist. Characters: PriscillaLocation: Social Club
Fake Engagement — Priscilla feigns affection, prompting William to promise marriage out of spite. Characters: PriscillaLocation: Private Parlor
Market Collapse — A sudden crash wipes out both women's fortunes overnight. Characters: Marie Jones, Polly SmithLocation: Stock Exchange
Shared Ruin — Destitute and overwhelmed, the women abandon their rivalry in the face of loss. Characters: Marie Jones, Polly SmithLocation: Financial District
Maternal Reconciliation — Overcome with emotion, they recognize the futility of their quarrels and reconcile. Characters: Marie Jones, Polly SmithLocation: Street Outside Exchange
Return to Roots — They confront the consequences of their actions and plan to reopen a modest boarding house. Characters: Marie Jones, Polly SmithLocation: Washington Square
Engagement Broken — Priscilla coldly ends the engagement upon learning of the family's financial ruin. Characters: PriscillaLocation: Telephone Booth
Youthful Reconciliation — Barriers dissolve as the young lovers embrace, casting aside pride and misunderstanding. Characters: Marie Jones, Polly SmithLocation: Boardinghouse Parlor
New Partnership Formed — The women resolve to run the boarding house together with humility and mutual understanding. Characters: Marie Jones, Polly SmithLocation: Boardinghouse
Final Contentment — Wiser and grounded, they find happiness in family and simple life rather than wealth. Characters: Marie Jones, Polly SmithLocation: Washington Square
Story Breakdown
Domestic Rivalry Setup — Establishes the constant friction between neighboring boardinghouse proprietors and their contrasting personalities.
Neighboring Friction — Marie and Polly engage in endless petty jealousies while managing adjacent properties.
Quiet Romance — Their children develop a deep love unnoticed by the mothers' competitive focus.
Financial Speculation Arc — Documents the transition from cautious landladies to reckless investors chasing quick wealth.
Market Entry — Polly's speculative ventures initially draw a skeptical Marie into the stock market.
Wealth Accumulation — Luck and boldness transform their financial status, elevating them to millionaire status.
Social Ambition Blunders — Explores the cultural clash as unrefined nouveau riche attempt to infiltrate elite circles.
Elite Infiltration — The women frequent fashionable resorts and lavish parties to display their new status.
Public Ridicule — Lack of refinement leads to glaring social blunders and mockery from high society.
Romantic Entanglements — Tracks how maternal conflict and financial obsession disrupt the younger generation's love.
Forced Separation — A serious quarrel drives a wedge between households, forcibly splitting the young lovers.
Calculated Engagement — William enters a fake relationship with Priscilla out of spite, complicating family dynamics.
Market Collapse Ruin — The sudden financial crash serves as the catalyst for stripping away pride and ambition.
Portfolio Crash — A volatile market shift wipes out both women's fortunes overnight, leaving them destitute.
Shared Despair — Facing total ruin, the women abandon their rivalry and confront the emotional toll.
Reconciliation Resolution — Concludes the narrative with restored relationships, humility, and a return to foundational values.
Maternal Peace — Marie and Polly reconcile, recognizing the futility of their quarrels and planning a joint venture.
Youthful Union — The young lovers overcome pride and misunderstanding, embracing their enduring love.
Landladies Polly Smith and Marie Jones, who operate boardinghouses on the same side of the street, are afflicted with numerous petty envies and jealousies but nevertheless are the best of friends. Polly invests in the stock market and begins to reap rewards, but she is unable to persuade Marie to use her life's savings to buy shares of American Cheese or Brazilian Bananas. Meanwhile, Marie's daughter, Genevieve, and Polly's son, William, just back from college, fall in love; but an argument between the ladies breaks up the romance; and smarting under Polly's patronizing manner, Marie plunges into the market herself and with the winnings is able to stage a society splurge at a fashionable resort.