James "Jim" Dillingham and his wife Della, a youthful pair who is devoted to each other however can just pay for their one-room residence because of their dire financial state. For Christmas, Della chooses to purchase Jim a chain for his cherished pocket timepiece gifted to him by his grandfather. To elevate the money, she has her gorgeous hair shortened and traded to fabricate a wig. Meantime, Jim chooses to trade his watch to purchase Della a set of combs prepared from tortoiseshell as well as gems for her pretty, brunette hair. Even ...