The old devil, failing to ruin Ivan’s kingdom with soldiers, transformed himself into a nobleman, dressed exquisitely, and became one of Ivan’s subjects, with the intention of compassing the downfall of his kingdom — as he had done with that of Tarras.

The “nobleman” said to Ivan: “I desire to teach you wisdom and to render you other service. I will build you a palace and factories.”

“Very well,” said Ivan; “you may live with us.”

The next day the “nobleman” appeared on the Square with a sack of gold in his hand and a plan for building a house, saying to the people: “You are living like pigs, and I am going to teach you how to live decently. You are to build a house for me according to this plan. I will superintend the work myself, and will pay you for your services in gold,” showing them at the same time the contents of his sack.

The fools were amused. They had never before seen any money. Their business was conducted entirely by exchange of farm products or by hiring themselves out to work by the day in return for whatever they most needed. They therefore glanced at the gold pieces with amazement, and said, “What nice toys they would be to play with!” In return for the gold they gave their services and brought the “nobleman” the produce of their farms.

The old devil was overjoyed as he thought, “Now my enterprise is on a fair road and I will be able to ruin the Fool — as I did his brothers.”

The fools obtained sufficient gold to distribute among the entire community, the women and young girls of the village wearing much of it as ornaments, while to the children they gave some pieces to play with on the streets.

When they had secured all they wanted they stopped working and the “noblemen” did not get his house more than half finished. He had neither provisions nor cattle for the year, and ordered the people to bring him both. He directed them also to go on with the building of the palace and factories. He promised to pay them liberally in gold for everything they did. No one responded to his call — only once in awhile a little boy or girl would call to exchange eggs for his gold.

Thus was the “nobleman” deserted, and, having nothing to eat, he went to the village to procure some provisions for his dinner. He went to one house and offered gold in return for a chicken, but was refused, the owner saying: “We have enough of that already and do not want any more.”

He next went to a fish-woman to buy some herring, when she, too, refused to accept his gold in return for fish, saying: “I do not wish it, my dear man; I have no children to whom I can give it to play with. I have three pieces which I keep as curiosities only.”

He then went to a peasant to buy bread, but he also refused to accept the gold. “I have no use for it,” said he, “unless you wish to give it for Christ’s sake; then it will be a different matter, and I will tell my baba [old woman] to cut a piece of bread for you.”

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