At the end of two days he came to the tree, and set to work to cut it down. As it crashed to the ground a nest containing two eggs fell from its topmost branches. The shells of the eggs were smashed, and out of one came a young eagle, while from the other rolled a small gold ring.

The eagle rapidly became larger and larger, till it was of full size; then, flapping its wings, it flew up.

“I thank you, honest man, for giving me my freedom,” it called out. “In token of my gratitude take the ring—it is a wishing ring. If you wish anything as you turn it round on your finger, your wish will be fulfilled. But remember this—the ring contains but one wish, so think well before you use it.”

The man put the ring on his finger, and set off on his homeward journey. Night was coming on when he entered a town. Almost the first person he saw was a goldsmith standing at the door of his shop. So he went up to him, and asked him what the ring was worth.

The goldsmith looked at it carefully, and handed it back to the man with a smile.

“It is of very little value,” he said.

The plowman laughed.

“Ah, Mr. Goldsmith,” he cried, “you have made a mistake this time. My ring is worth more than all you have in your shop; it’s a wishing-ring, and will give me anything I care to wish for.”

The goldsmith felt annoyed and asked to see it again.

“Well, my good man,” he said, “never mind about the ring. I dare say you are far from home, and are in want of some supper and a bed for the night. Come in and spend the night in my house.”