Blue Steel is a 1934 American pre-Code Monogram Western film directed by Robert N. Bradbury and starring John Wayne.
For some reason, instead of arresting him, Jake accompanies him on his journey; after all, as Carruthers says, "It's kind of lonesome trailing alone."
The two stumble upon a gang robbing a pack-mule train; they rescue Betty Mason, whose father has just been killed by the bandits.
She and her father were bringing desperately needed provisions to town, but the bandits have successfully cut off any supplies, forcing the townspeople to consider fleeing their homes or starving to death.
He knows there's a vein of gold underneath the homesteaders' property, and he offers out of the kindness of his heart to purchase their land for a pittance.