"But how do you know the time?" asked Tim.

The Tramp turned round slowly and looked at his questioner.

"Time!" he snorted. And he exchanged a mysterious glance of sympathy with Maria, who lifted her eyes in return, but otherwise made no sign whatever. "Sit quiet like," he added, "and everything worth 'aving comes of itself. That's living that is. The 'ole world belongs to you."

"I've got a watch," said Tim, as though challenged. "I've got an alarum clock too. Only you have to wind them up, of course."

"There you are!" the Tramp exclaimed, "you've got to wind 'em up. They don't go of theirselves, do they?"

"Oh, no."

"I never knew 'appiness until I chucked my watch away," continued the other.

"Your watch!" exclaimed Tim.

"Well, not igsackly," laughed the Tramp.

"Oh, he didn't mean that," Judy put in quickly.