George celebrates the 25th anniversary of his paper mill with an important announcement. Lily is introduced. Freddy gets some bad news.
Jeremiah, who is in love with Lily, reveals that he is the illegitimate son of former mill owner, Skinner. He enlists Freddy's help with a scheme.
Brigitta is in love with Jeremiah. Jeremiah, Freddy, and Brigitta retrieve Jeremiah's birth certificate from the Taylor house where Brigitta found it. Jeremiah gives Freddy a note for Lily - he and Lily are leaving town when Jeremiah gets his fortune.
Henri wonders how, after all this time, it is possible that Lily doesn't reciprocate her feelings of love.
George has a proposal for Lily. Henri has a confession. The Great Recorder Smackdown happens, and Lily is caught in the crossfire. Lily sends them all away without answering.
A lament over the disbanding of brotherhood. Freddy wonders what will become of his friendship with Jeremiah.
The Vagabond Theatrical Troupe presents! Jeremiah gives George an ultimatum but has to prove himself first in more ways than one, and all is wrapped up in the finest paper package.
A businessman is waiting for a streetcar, with his back to an unhoused woman. The two silently judge each other. The man is annoyed at seeing someone who wants something for nothing, and the woman is feeling judged for a situation she has no control over. The two finally acknowledge each other, and we discover their shared experience.