Laura Temple has eloped with businessman Michael Devlin (STUART DAMON). However, Laura is pregnant by another man, Chad Wheeler, a sculptor whom Laura jilted to be with Michael. When Chad proposes marriage to Laura, she knows that Michael is her true love, even though their relationship is now tottering. Laura and Michael's argument over the baby continues as Michael packs to leave. After Christine lectures him on his priorities, he leaves. Halfway to the airport, Michael turns around, and he and Laura reconcile. Jason Fielding claims to be the illegitimate son of Mrs. Cabot's late husband. Mrs. Cabot is moved by Jason's story, but Peter is suspicious and has Billy check Jason's background. On an outing to the marina with Mrs. Cabot, Jason points out the schooner with which he would start his own boat chartering company if only he had $50,000. Mrs. Cabot offers to help, but Peter thinks she's being fleeced, since there is no evident link between Jason and Stephen Cabot. Mrs. Cabot visi