After that, still without saying a word, they let him out from the bath again, and there he found still other attendants waiting for him—two of them holding a milk-white horse, saddled and bridled, and fit for an emperor to ride. These helped him to mount, and then, leaping into their own saddles, rode away with the beggar in their midst.

They rode out of the garden and into the streets, and on and on they went until they came to the king’s palace, and there they stopped. Courtiers and noblemen and great lords were waiting for their coming, some of whom helped him to dismount from the horse, for by this time the beggar was so overcome with wonder that he stared like one moon-struck, and as though his wits were addled. Then, leading the way up the palace steps, they conducted him from room to room, until at last they came to one more grand and splendid than all the rest, and there sat the king himself waiting for the beggar’s coming.

The beggar would have flung himself at the king’s feet, but the king would not let him; for he came down from the throne where he sat, and, taking the beggar by the hand, led him up and sat him alongside of him. Then the king gave orders to the attendants who stood about, and a feast was served in plates of solid gold upon a table-cloth of silver—a feast such as the beggar had never dreamed of, and the poor man ate as he had never eaten in his life before.

All the while that the king and the beggar were eating, musicians played sweet music and dancers danced and singers sang.

Then when the feast was over there came ten young men, bringing flasks and flagons of all kinds, full of the best wine in the world; and the beggar drank as he had never drank in his life before, and until his head spun like a top.

So the king and the beggar feasted and made merry, until at last the clock struck twelve and the king arose from his seat. “My friend,” said he to the beggar, “all these things have been done to show you that Luck and Fate, which have been against you for all these years, are now for you. Hereafter, instead of being poor you shall be the richest of the rich, for I will give you the greatest thing that I have in my treasury.” Then he called the chief treasurer, who came forward with a golden tray in his hand. Upon the tray was a purse of silk. “See,” said the king, “here is a purse, and in the purse are one hundred pieces of gold money. But though that much may seem great to you, it is but little of the true value of the purse. Its virtue lies in this: that however much you may take from it, there will always be one hundred pieces of gold money left in it. Now go; and while you are enjoying the riches which I give you, I have only to ask you to remember these are not the gifts of Fate, but of a mortal man.”

But all the while he was talking the beggar’s head was spinning and spinning, and buzzing and buzzing, so that he hardly heard a word of what the king said.

Then when the king had ended his speech, the lords and gentlemen who had brought the beggar in led him forth again. Out they went through room after room—out through the court-yard, out through the gate.

Bang!—it was shut to behind him, and he found himself standing in the darkness of midnight, with the splendid clothes upon his back, and the magic purse with its hundred pieces of gold money in his pocket.

He stood looking about himself for a while, and then off he started homeward, staggering and stumbling and shuffling, for the wine that he had drank made him so light-headed that all the world spun topsy-turvy around him.

His way led along by the river, and on he went stumbling and staggering. All of a sudden—plump! splash!—he was in the water over head and ears. Up he came, spitting out the water and shouting for help, splashing and sputtering, and kicking and swimming, knowing no more where he was than the man in the moon. Sometimes his head was under water and sometimes it was up again.

At last, just as his strength was failing him, his feet struck the bottom, and he crawled up on the shore more dead than alive. Then, through fear and cold and wet, he swooned away, and lay for a long time for all the world as though he were dead.

Now, it chanced that two fishermen were out with their nets that night, and Luck or Fate led them by the way where the beggar lay on the shore. “Halloa!” said one of the fishermen, “here is a poor body drowned!” They turned him over, and then they saw what rich clothes he wore, and felt that he had a purse in his pocket.

“Come,” said the second fisherman, “he is dead, whoever he is. His fine clothes and his purse of money can do him no good now, and we might as well have them as anybody else.” So between them both they stripped the beggar of all that the king had given him, and left him lying on the beach.

At daybreak the beggar awoke from his swoon, and there he found himself lying without a stitch to his back, and half dead with the cold and the water he had swallowed. Then, fearing lest somebody might see him, he crawled away into the rushes that grew beside the river, there to hide himself until night should come again.

But as he went, crawling upon hands and knees, he suddenly came upon a bundle that had been washed up by the water, and when he laid eyes upon it his heart leaped within him, for what should that bundle be but the patches and tatters which he had worn the day before, and which the attendants had thrown over the garden wall and into the river when they had dressed him in the fine clothes the king gave him.

He spread his clothes out in the sun until they were dry, and then he put them on and went back into the town again.

   ”Well,” said the king, that morning, to his chief councilor, “what do you think now? Am I not greater than Fate? Did I not make the beggar rich? And shall I not paint my father’s words out from the wall, and put my own there instead?”

“I do not know,” said the councilor, shaking his head. “Let us first see what has become of the beggar.”

“So be it,” said the king; and he and the councilor set off to see whether the beggar had done as he ought to do with the good things that the king had given him. So they came to the town-gate, and there, lo and behold! The first thing that they saw was the beggar with his wooden bowl in his hand asking those who passed by for a stray penny or two.

When the king saw him he turned without a word, and rode back home again. “Very well,” said he to the chief councilor, “I have tried to make the beggar rich and have failed; nevertheless, if I cannot make him I can ruin him in spite of Fate, and that I will show you.”

So all that while the beggar sat at the town-gate and begged until came noontide, when who should he see coming but the same three men who had come for him the day before. “Ah, ha!” said he to himself, “now the king is going to give me some more good things.” And so when the three reached him he was willing enough to go with them, rough as they were.

Off they marched; but this time they did not come to any garden with fruits and flowers and fountains and marble baths. Off they marched, and when they stopped it was in front of the king’s palace. This time no nobles and great lords and courtiers were waiting for his coming; but instead of that the town hangman—a great ugly fellow, clad in black from head to foot. Up he came to the beggar, and, catching him by the scruff of the neck, dragged him up the palace steps and from room to room until at last he flung him down at the king’s feet.

When the poor beggar gathered wits enough to look about him he saw there a great chest standing wide open, and with holes in the lid. He wondered what it was for, but the king gave him no chance to ask; for, beckoning with his hand, the hangman and the others caught the beggar by arms and legs, thrust him into the chest, and banged down the lid upon him.

The king locked it and double-locked it, and set his seal upon it; and there was the beggar as tight as a fly in a bottle.

They carried the chest out and thrust it into a cart and hauled it away, until at last they came to the sea-shore. There they flung chest and all into the water, and it floated away like a cork. And that is how the king set about to ruin the poor beggar-man.

Well, the chest floated on and on for three days, and then at last it came to the shore of a country far away.