Beverly Of Graustark is the second book in the Graustark series. Lorry and his wife, the princess, made their home in Washington, but spent a few months of each year in Edelweiss. During the periods spent in Washington and in travel, her affairs in Graustark were in the hands of a capable, austere old diplomat--her uncle, Count Caspar Halfont. Princess Volga reigned as regent over the principality of Axphain. To the south lay the principality of Dawsbergen, ruled by young Prince Dantan, whose half brother, the deposed Prince Gabriel, had been for two years a prisoner in Graustark, the convicted assassin of Prince Lorenz, of Axphain, one time suitor for the hand of Yetive.

Montgomery Brewster inherits a large sum of money. Then he learns he's to inherit 7 times as much! But there's a catch: he has to spend every penny of the first inheritance before his next birthday , and have no possessions or anything to show for it at the end of that month. If he succeeds, he'll be very wealthy; if he fails, he remains penniless. He finds that spending so much money is harder than he thinks!