Kermit the Hermit was a greedy, grabby crab. One afternoon his curmudgeonly ways brought him to the very edge of the grave. He had nipped an old hound's sensitive snout and that sensible beast tried to bury him on the spot. A shabby little boy effected his release. Like so many others who have sinned the while and then looked death in the jaws, Kermit became a reformed crab. Clasping his claws in anxiety he tried to think of a way to repay the boy. Chance, dangerous ocean floor journeys, mighty effort and a pal of a pelican with a leak in his beak allow Kermit to play out his role of crustacean Scrooge to reward the boy and his family with a fortune in pieces of eight. The illustrations are touched with inspired lunacy (as is the rhyme) and the color is arresting. This is Peet's best since Chester, which was his best since Randy's Dandy Lions, which was his best since Ella, etc., etc., etc.