At this reply the student’s face fell, but one of his companions snatched the cap from his hands. “Idiot,” said he, “you twirled the cap the wrong way! I was watching the peasant carefully, and he twisted it like this.” So saying, he gave the cap a twirl and said: “Now then, my good sir, I think you will agree that everything is paid for.”

“I don’t know whether you are trying to play a joke on me?” answered the innkeeper grimly, “but your idea of humour is not mine. You had better pay up at once, before I call the police!”

“Here, let me try,” cried the third; and in his turn he twirled the cap, and, fixing the host with his eye, repeated that everything was paid for.

At this the innkeeper flew into a passion, and made such a fuss that the room was in an uproar. It was only by promising to pay him at once that the innkeeper could be quietened down, and prevented from putting his threat of calling the police into execution. The banquet cost a good round sum, and as the three students had no money left, their invited guests were obliged to subscribe the money between them, which they did with much grumbling. Afterwards they took their three hosts outside and dipped them into the horse-trough to punish them for their bad taste in playing practical jokes on their friends.

And a few miles away, in their little cottage, Jan and his wife sat counting the five hundred francs he had got for his greasy old cap, which indeed had not been left him by his great-great-grandmother, but which was as old and ragged as though it had!