← All chapters

Leave It to Psmith · Chapter

III explained

Freddie Threepwood proposes a scheme to his uncle Joseph Keeble to steal Lady Constance's necklace to raise money for Phyllis Jackson's marriage and Freddie's own bookmaking venture.

What happens

Freddie Threepwood proposes a scheme to his uncle Joseph Keeble to steal Lady Constance's necklace to raise money for Phyllis Jackson's marriage and Freddie's own bookmaking venture. After initial reluctance, Keeble agrees, offering Freddie two thousand pounds for the theft.

Free preview opens on this chapter — companions, themes, and character notes appear beside the text.

Narrative arc

Story tension across the book — this chapter sits in Exposition.

SetupEscalationClimax
  • Setup
  • Escalation
  • Breaking point

In this chapter, Psmith’s acceptance of employment—ostensibly as a gardener—marks the emotional and psychologi…

Full beat labels and climax notes unlock in the reader.

Follow the arc while reading

Themes in this chapter

Characters to notice

  • Freddie Threepwood

    Proposes stealing Aunt Constance's necklace to raise money for his bookmaking scheme and for Phyllis Jackson.

  • Joseph Keeble

    Desperate for money to help Phyllis Jackson; initially reluctant but agrees to Freddie's plan.

  • Phyllis Jackson

    Mentioned as the niece needing money to marry Mike Jackson.

  • Lady Constance

    Referenced as the owner of the necklace and the one who controls the finances.

Key passages

  • “I mean, love's love”

    Love is love, regardless of social obstacles.

    Freddie defends Phyllis's right to marry Mike Jackson.

  • “if a husband pinches anything from a wife, it isn't stealing. That's law.”

    Legally, a husband cannot steal from his wife.

    Freddie uses a movie plot point to justify the theft.

  • “The word is 'will.' Bally will!”

    The word is 'will,' not 'may.'

    Freddie confidently assures Mr. Keeble that the plan will succeed.