An old man suddenly realizes that both his daughters aren't happy so he decides to help them to find happiness.

The film takes place during the pre-revolutionary years and the initial period of the Soviet regime. At a monastery shelter in one of Russia's western towns, orphan Yulka gives birth to a son from the shepherd Jerome. Matron of the shelter Pavlikha as directed by the father kills the newborn baby and disposes of the corpse in the Jewish Quarter. The Black Hundreds are spreading the rumor that the murder was committed by the Jews for ritual purposes. Mayhem arises which is supported by the authorities of the city. The church refuses to shelter Jews fleeing from the violent thugs.

Eugénie Grandet is set in the town of Saumur. Eugénie's father Felix is a former cooper who has become wealthy through both business ventures and inheritance (having inherited the estates of his mother-in-law, grandfather-in-law, and grandmother all in one year). However, he is very miserly, and he, his wife, daughter, and their servant Nanon live in a run-down old house which he is too miserly to repair. His banker des Grassins wants Eugénie to marry his son Adolphe, and his lawyer Cruchot wants Eugénie to marry his nephew President Cruchot des Bonfons, both parties eyeing the inheritance from Felix. The two families constantly visit the Grandets to get Felix's favour, and Felix in turn plays them off against each other for his own advantage.