In London, at an apartment belonging to the Prince, Prince Henry and Sir John Falstaff enter. The pair has been out carousing, and Falstaff wonders what time it is now. The Prince responds by teasing Falstaff for being so addled by drink that he can't tell the time of day.
Falstaff suggests that, when Prince Henry becomes king, he should proclaim all men who steal purses by night to be the knights of the moon, since they are governed by the moon just as the sea is. Prince Henry agrees and adds that their fortunes ebb and flow just as the sea, since their fortunes are also governed by the moon. Money snatched on Monday night is spent by Tuesday morning.
Falstaff and Prince Henry continue their banter, commenting on the hostess of.....
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