Luke Walton is a Chicago newsboy, selling newspapers on the street. A Chicago merchant buys two evening papers of Luke Walton and gives him a five dollar bill, telling him to bring the change to his office. Luke's friends coax him to keep it, but he resists them, and takes back the change on time. He receives a ten dollar bill for his honesty, which spends upon his mother and a sick friend. Little by his fortunes improve. He meets a man who had cheated his dead father, and by the aid of a skilful lawyer makes him pay capital and interest, which become the basis his fortune in the commission business.
Horatio Alger, Jr. (January 13, 1832 July 18, 1899) was a prolific 19th-century American author, best known for his many formulaic juvenile novels about impoverished boys and their rise from humble backgrounds to lives of middle-class security and comfort through hard work, determination, courage, and honesty. His writings were characterized by the "rags-to-riches" narrative, which had a formative effect on America during the Gilded Age.