A Hazard of New Fortunes - Plot Summary

Plot Summary

The book, which takes place in late 19th century New York City, tells the story of the dispute between a self-made millionaire and a social revolutionary, with a third man futilely attempting to mediate the tense situation.

The main character of the novel, Basil March, is a neutral character from whose viewpoint the reader experiences much of the story. He resides in Boston with his wife and children. The March family is persuaded by March's idealistic friend Fulkerson to move to New York to help him start a new magazine, where the writers benefit in a primitive form of profit sharing. After some deliberation, the Marches move to New York and begin a rather extensive search for a perfect apartment. After many exhausting weeks of searching, Basil finally settles on an apartment full of what he and his wife refer to as "gimcrackery"--trinkets and decorations that do not appeal to their upper-middle-class tastes.

Work at the new magazine, entitled Every Other Week begins. The magazine is bankrolled by a millionaire named Dryfoos, who made it rich after discovering natural gas on his farm in the Midwest, and who is now making money on Wall Street. Dryfoos' son, Conrad, becomes the business manager of the magazine. An illustrator by the name of Angus Beaton, an old friend of Fulkerson's, is chosen to head the art department. Beaton chooses Alma Leighton, for whom he has feelings, to illustrate the cover of the first issue. Berthold Lindau, an old friend of Basil March's and a veteran of the American Civil War, becomes the translator. He knows many languages, so he selects and translates Russian, French, and German stories to publish in the magazine. Lindau lost his hand in a Civil War battle, fighting for the north because he was a strong abolitionist and an idealistic American immigrant.

Colonel Woodburn, a wealthy Southerner, and his daughter move to New York and become involved with the newspaper when their social circle connects with the magazine's; they board with Alma Leighton and her mother. Fulkerson decides that he would like to publish some of Colonel Woodburn's pro-slavery writings in Every Other Week, because he believes it would sell more copies of the new magazine. At a dinner banquet, the personalities of Dryfoos the capitalist, Lindau the socialist, and Colonel Woodburn the pro-slavery advocate clash. Lindau fiercely criticizes Dryfoos, expressing his harshest feelings in German to March, because he does not think anyone else at the table speaks German. Later we learn that Dryfoos speaks German, and he was insulted by Lindau's comments.

In the end of the book, the New York City streetcar drivers strike. The strike, similar to the Hay Market Square Riot, turns into a riot. Conrad Dryfoos, already a humanitarian helping the poor and working class, is charmed by the lovely Margaret Vance, who shares his values of charity. She encourages Conrad to try to end the strike by telling all sides to desist. While attempting to stop a policeman from beating the aged and disabled Lindau, Conrad is fatally shot. March emerges from a streetcar to see the fallen men lying on the street next to each other. Dryfoos grieves the loss of his son. After further amputation of his already disabled arm, Lindau dies with Margaret Vance at his side. Dryfoos, who has always used money to separate himself from pain, sells the magazine to Fulkerson and March for an extremely low price and takes his remaining family to Europe.