Barcelona, 1860. Mr. Esteve, owner of a haberdashery and proud of his son, attends the christening of his grandson who, years later, determined to become a renowned artist, seems unwilling to continue the tradition and take over the family business. (Only badly preserved and severely mutilated copies of this film survive, just 69 out of a total of 108 minutes.)
Madrid, Carnival Sunday. A night watchman finds the body of a woman, a rich and greedy moneylender who has apparently been murdered. The prime suspect is a watchmaker who owed her a lot of money.
After suffering a family tragedy, Carmen leaves Spain and emigrates to Paris, where she will make new friends among some of the most peculiar characters who inhabit the bohemian neighborhoods of the city. (Partially lost film.)
