In the days after Christmas, thoughts and activities turn to exchanging gifts back to the store.
Can Connie prove that her gifts are old fashioned and impractical? Later, she learns how Walter Dentons holiday went.
At home, Connie shares with Mrs Davis how her date with Mr Boynton went. When Mr Conklin calls, Connie can’t get out of the extra work he has for her, and he expects to see his gaudy gift on her mantle when he arrives.
Visiting Boynton’s small apartment, Connie may have her troubles solved regarding the statue… or maybe not. The tables are soon turned, and now it’s Conklin who has to get back the ugly bookends that Connie got for him. More gift exchanging, and re-exchanging emerges when Walter has his own problems.
Truth comes out about the exchange activities of Conklin and Boynton. Not to mention how each feel about the unsightly gifts they gave to each other.