Fortune hunters from all over the country rushing to the Klondike in 1897 to seek their fortunes in the gold are tested by hardships of the journey.
When lifelong best friends Leo and Ulrich return home after completing their military training, Leo meets the stunning Felicitas at a railway station and is mesmerized by her beauty. A scandal follows, for which Leo is sent away. Returning home three years later, he discovers that much has changed.
Vladimir Dubrouvsky, a lieutenant in the Russian army, catches the eye of Czarina Catherine II. He spurns her advances and flees, and she puts out a warrant for his arrest, dead or alive. Vladimir learns that his father's lands have been taken by the evil Kyrilla Troekouroff, and his father dies. He dons a black mask, and becomes the outlaw The Black Eagle. He enters the Troekouroff household disguised as a French instructor for Kyrilla's daughter Mascha. He is after vengeance, but instead falls in love with Mascha.