I'm not sure specifically as I don't know this exact story. It could be about a boy named Richard and his encounter with a balloon man. Maybe they have some adventures together, like the balloon man showing Richard some special balloons or taking him on a journey through a place filled with balloons.
Since I'm not familiar with this particular 'richard and the balloon man story', it could be a heart - warming story. Maybe Richard is a lonely child and the balloon man becomes his friend. The balloon man could use his balloons to cheer Richard up when he's sad. For example, he might give Richard a balloon in the shape of his favorite animal. It could also be a story that teaches a moral lesson, like the importance of kindness, as the balloon man shows kindness to Richard by sharing his balloons.
Well, without more context, it's hard to say precisely. But perhaps Richard has some sort of relationship with the balloon man. It could be that Richard is always fascinated by the balloons the man sells. The story might revolve around Richard's attempts to get a special balloon from the man, or how the balloon man influences Richard's life in a positive way, like teaching him about colors through the balloons.