A mother (Renee Carl) goes to see a palm reader who informs her that a loved one is about to die. The woman doesn't know if it's her son or her husband (Rene Navarre) but history buffs will know who it is as it's April 10, 1912 and the husband is about to board the Titanic.
Snuders, an avaricious boat-owner, insures his boat The Joanna against accident very much above its value, and then conspires with Verhoff, a notorious drunkard and unprincipled scoundrel, to lose it at sea. The latter agrees to carry out the plan for a consideration of 300 florins, and the bargain...