The burglar read: "Presented to Calvin Coolidge, Speaker of the House, by the Massachusetts General Court." "Are you President Coolidge?" he asked. The President answered, "Yes, and the Legislature gave me that watch charm. I'm fond of it. It would do you no good. You want money. Let's talk this over." Holding up the wallet, the intruder bargained: "I'll take this and leave everything else." Coolidge, knowing there was $80 in the wallet, persuaded the intruder to sit down and talk. The young man said he and his college roommate had overspent during their vacation and did not have enough money to pay their hotel bill. Coolidge added up the room rate and two train tickets back to the campus. Then he counted out $32 and said it was a loan. He then told the intruder that there probably would be a Secret Service agent patrolling the hotel corridor, so the man left through the same window he had entered. The President told his wife, Grace, about the event. Later, he told two friends, Judge Walter L. Stevens, the family lawyer, and Frank MacCarthy, a free-lance writer.