In the late 1800s, John Murphy wanders into a wild mining town controlled by a local tycoon. Instant enmity is born, but the gritty Murphy joins a local miner and a homeless waif to work a gold claim and fight the tycoon's influence. Murphy's decision to stay is reinforced when the tycoon's heavies kill the parents of neighbor children over control of a gold strike. Together with the local school teacher, Murphy becomes temporary father to the children.

Father Parker mistakenly trades some of the stock for a fast, beautiful horse... that no one can ride. He'd hoped to race it in the territorial fair to win the $1000 purse, but he's injured while trying to break the animal. A little retarded girl at the school proves to be the only one who can tame it, and despite everyone's concern, she indeed rides the horse to victory. In the comic B-story, Rodman tries to indict the school for gambling and horse-playing, but it turns out Rodman's boss likes to play the ponies too ... and wins a bundle on the big race.