The poem expresses uncertainty about whether to openly discuss the decay of a once close friendship. While the speaker cares deeply and would dare to understand what went wrong, they recognize the friendship is no longer in the same place and it's not where it should be laying. The speaker wonders where the ray of sunshine, who was always there in May, has gone and thinks they should say they still stand at the same bay, waiting for a sincere smile and the old expressions of affection.