The race of the wealthy Gordon family in their crack yacht, "The Yankee Girl," to close an option on a valuable copper concession in Latin America and the political intrigue of the desperate James Seavey of the rival Pacific Copper crowd to prevent their arriving on time culminates when the quick-witted Jessie Gordon braves old President Ambroce Castroba, whom Seavey has bought out, in his own palace.

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