In the exchange between two friends, there is a sense of camaraderie and history that underpins their conversation. The speaker tries to remind the "old man" of their long-standing friendship, suggesting that familiarity and shared experiences should foster mutual support, such as repaying a debt. However, the old man's retort indicates skepticism about the speaker's claims, particularly about his mother's feelings toward him.

The interaction highlights typical humorous elements found in P.G. Wodehouse's writing, showcasing the quirky dynamics of relationships and the light-hearted banter that often comes with old friendships. The resigned acceptance of the old man suggests an underlying affection despite the disagreements and skepticism, illustrating how friendships endure through both laughter and challenges.