'It isn't what he has, but what he hasn't,' said the old Whitebeard, in the same slow, solemn voice. 'I was going to say that our poor little brother has lost his laugh.' 'Lost his laugh!' cried little Fiddler Piskey and all the other little Piskeys; and their tiny faces of consternation showed what a terrible thing had befallen their poor little brother. 'Yes, he has had the sad misfortune to lose his laugh,' said the little old Whitebeard, winking and blinking harder than ever as he stood before the unhappy little Piskey who had lost his laugh; 'and, worse still, he is quite done for till he finds it again.' 'Where has my laugh gone to, Granfer Piskey?' asked the miserable little Piskey who had met with that dreadful misfortune. 'I don't know more than the Little Man in the moon,' answered the tiny old Whitebeard; 'but if I were you I would go and look for it.' 'Where must I go and look for my laugh?' asked the poor little Piskey. 'I have not the smallest idea; but I should go and search for it till I found it.' 'Will you come with me and search for my laugh?' asked the little Piskey, with a look of anxiety in his wee dark eyes, as Granfer Piskey was moving away. 'I am afraid I can't. It is my duty to stop with your brothers to see that they don't grow silly and lose their laugh. Besides, it is not quite the thing for an old Whitebeard like me to go travelling about the country with a youngster like you, in search of a laugh.' 'Will you go with me to look for my laugh?' asked the little Piskey, fixing his gaze on the Tiny Fiddler. 'I would go with you gladly, if I were not Fiddler Piskey,' he answered, touching his fiddle lightly with his bow. 'But if I were to go gallivanting up and down the country in search of your laugh, there would be nobody to play the dancing tune when our brothers dance in the moonshine.' 'Won't one of you go with me and help me to find my laugh?' begged the miserable little fellow, glancing from one Piskey to another as they crowded round him. 'We would if we hadn't so much dancing to do,' they said. 'We have to dance in every Piskey-ring from Tintagel Head to Crackington Hawn up St. Gennys, before the moon grows as small as a wren's claw.' 'Must I go by myself to search for my laugh?' said the poor little Piskey in a heart-breaking voice. 'Yes, you must go by yourself to look for your laugh,' answered all the little Piskeys. 'You should not have been so foolish as to lose it;' and the selfish little Brown Men--Granfer Piskey, Fiddler Piskey, and all the other Piskeys--turned their backs on their unfortunate little brother, and ran away across the gardens and over the cliffs towards Bossiney, half-way between which was another big Piskey-ring; and by-and-by the poor little Piskey who had lost his laugh heard in the distance, as he sat all alone in the great grassy place, their merry laughter and the music of Fiddler Piskey's tiny fiddle.