Pierce, in a leap against type, plays a British Secret Service Agent. Jamie, in a leap against type, plays a woman. Pierce, disgraced by the public disclosure of his fornications with various important diplomats' wives, is sentenced to Panama. There, he meets Geoffrey, the Tailor of the title in discussion. Geoffrey is down on his Luck and owes money, and good old chap Pierce offers to help Geoffrey if Geoffrey will spy on his clients and bring important information back to Pierce.
Problem is, there's no important information to be had.
So Geoffrey begins to make it up. But none of my lies have ever created an international incident. My lies aren't good enough. I'm going to have to work on my lies, sharpen them, strengthen them, improve them, because until I am able to say, in all sincerity, that one of my tall tales caused the Euro to drop in value by half, I won't have lived. I am a descendant of Thomas Jefferson through his undocumented relationship with a blind woman named Madge.