The Mitre Tavern in Melbourne is one of its oldest buildings, and in this story the author recounts a tale that may have taken place there decades before involving Peter Pinsent Money, a well-known solicitor dubbed 'Pin Money' - 'Pin' being short for 'Pinch' - so called for his habit of stealing from his clients. An English client, Henry Withers, eventually catches up with 'Pin Money' at the Mitre Tavern and demands the return of his money. The case goes to court and judgement is awarded against Pinsent for the full amount. Soon after, he is struck off the Roll of Legal Practitioners, and his wife dies. However, years later he rises back to a position of esteem. Conincidentally, Pinsent's beloved granddaughter Beryl, meets and falls in love with Henry Withers's grandson Herbert! Pinsent, keen to make amends with Henry for Beryl's sake meets with him and the two young lovers are married with the blessing of both the elderly men.