Plot Analysis Summary
A deceptive business venture built around a water-to-gasoline formula becomes entangled with public belief, romantic attachment, and sudden uncertainty.
Story Structure — 4 Plot Phases
The Formula and the Funding
A reluctant scientist is connected to a formula that can apparently turn water into gasoline. Willie secures seed money and recruits Chick to develop the business.
Key Events
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Formula Is Invented — A scientist apparently invents a formula that can turn water into gasoline.
Location: Unspecified scientific setting
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The Scientist Hesitates — The scientist shows reluctance about the formula and its proposed venture.
Location: Unspecified scientific setting
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Willie Seeks Funding — Willie persuades a businessman to provide seed money for the project. Characters: Willie
Location: Business setting
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Chick Is Recruited — Willie recruits Chick to find investors and help sell the product. Characters: Willie, Chick Randall
Location: Business setting
The Manufactured Enterprise
Chick searches for investors and promotes the product. He creates a deceptive board by hiring derelicts to pose as wealthy directors.
Key Events
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Investor Search Begins — Chick begins seeking investors for the new enterprise. Characters: Chick Randall
Location: Investor outreach setting
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Product Promotion Starts — Chick helps present and sell the revolutionary product to the public. Characters: Chick Randall
Location: Publicity setting
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A False Board Forms — Chick hires derelicts to pose as wealthy board members. Characters: Chick Randall
Location: Startup office
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Board Names Are Chosen — The hired derelicts use prestigious names such as Vanderbilt and Ford. Characters: Chick Randall
Location: Startup office
Proof and Affection
Grace joins as a stenographer but suspects the operation is fraudulent. A successful demonstration convinces her, and her relationship with Chick becomes romantic.
Key Events
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Grace Joins the Startup — Chick hires Grace Lane to work as the startup's stenographer. Characters: Chick Randall, Grace Lane
Location: Startup office
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Grace Suspects Fraud — Grace initially believes the water-to-gasoline business may be a scam. Characters: Chick Randall, Grace Lane
Location: Startup office
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The Formula Demonstrates — A demonstration appears to show water being turned into gasoline. Characters: Chick Randall, Grace Lane
Location: Demonstration setting
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Grace Accepts the Venture — The successful demonstration convinces Grace that the business is legitimate. Characters: Chick Randall, Grace Lane
Location: Demonstration setting
The Vanishing Supply
The apparent success of the enterprise is undermined when its initial supply runs out. The scientist disappears, leaving Chick and Grace facing an escalating crisis.
Key Events
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Work Becomes Affection — Chick and Grace's shared work develops into romantic feelings. Characters: Chick Randall, Grace Lane
Location: Startup office
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The Initial Supply Ends — The initial supply of the product runs out, threatening the enterprise. Characters: Chick Randall, Grace Lane
Location: Startup setting
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The Scientist Disappears — The scientist disappears after the initial supply is exhausted. Characters: Chick Randall, Grace Lane
Location: Startup setting
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The Venture Faces Crisis — The business faces an ugly crisis after the supply ends and the scientist vanishes. Characters: Chick Randall, Grace Lane, Willie
Location: Startup setting
Salesman develops a fake stock plan in new invention before it is finished.