He went to Barnow with his little store of five gulden, or about five florins in English money, in his pocket, and there set up a little pack, consisting of matches, soap, pomade, and feathers. He sold his merchandise at the inns and in the streets. And, as he was untiring in his labors, and spent very little on himself, he was able both to support his mother and to lay by a little money.

In two years' time he was so far beforehand with the world, that he gave up this mode of gaining his livelihood, and bought a large store of goods such as country people require. He then began to travel about the country-side as a peddler; and a very hard life he led. Like Nathan Bilkes, the father of Frau Christine, he wandered about, with a great pack on his back, from village to village, and from fair to fair. He was seldom paid in money for his goods, but received fruit and skins instead. This circumstance, however, was of advantage to him.

After having worked as a peddler for three years, he returned to Barnow, and set up a stall for small-wares in a corner of the market-place. His success was so great that he was soon able to rent a real shop, and to keep his mother more comfortably. But he remained as abstemious as before with regard to himself. His food consisted for the most part of dry bread, for he only allowed himself the luxury of a bit of meat upon the Sabbath.

His mother died when he was twenty-three—that is, ten years after he left Z——. She died in his arms. When he had buried her, and the eight days of mourning were over, he went to Czernowitz, which is a larger town than Barnow. As chance would have it, Baron Wladislaus Wodnicki, who had just taken the management of his estates into his own hands, drove past him in his phaeton, as he was leaving the little town of Z——. "I am glad to have seen him," said Schmule to his traveling companion; "for otherwise grief might have made me idle for some time to come."

Schmule was now alone in the world, but still he worked as hard as if he had had a large family to support, and so he gradually became well to do in the world. He was much respected as an honorable man, fair in all his dealings; and this, added to his wealth, enabled him to gain the hand in marriage of one of the richest heiresses in Czernowitz, in spite of his having only one eye. After his marriage he increased his business considerably, and became well known in the commercial world as Samuel Runnstein, the dry-salter. And again, as if this did not give him enough to do, he set up a large wine business, in addition to the other.

Schmule now showed for the first time to their full extent the marvelous powers of work and determination of character that he possessed. He traveled all over Germany and France, Russia and Moldavia, setting up agencies everywhere. Ten years later he was looked upon as the richest merchant in the whole district.

At length his wife died, leaving him a little daughter. Schmule now sold the good-will of both the wine and dry-salting businesses, and became a corn-merchant. He bought in Podolia, Bessarabia, and Moldavia, and sold in the Western markets. There was only one landowner from whom he would buy nothing, and that was Baron Wladislaus Wodnicki: although the bailiff offered him very good bargains, he was not to be tempted. The unfortunate bailiff had rather a hard time of it—he found it so difficult to provide his master with a large and constant supply of money. For Wladislaus succeeded in doing what the old Baron had never done: every month he spent as much as his estates brought in in the year. His wife, a French lady, did her part in squandering her husband's wealth. And so the bailiff came to Schmule and begged him to buy some corn, but he refused, saying with a strange smile: "I made a vow more than five-and-twenty years ago that I would only do one stroke of business with your master; and the time for that has not come yet...."

Years passed, and Schmule grew richer and richer. He married again, and his wife brought him a large fortune. Then came the year 1848, with its revolutionary restlessness; and Schmule, who knew how to turn everything to his advantage, became a millionaire. He was now known as Herr Sigismund Runnstein, and the Russian Government employed him to provision their army in Hungary. By this means he made a great deal more money. After that he gave up business, and when any one wanted him to undertake some new project, he refused, alleging that he preferred to wait.

He had not long to wait. It is quite possible to squander even a colossal fortune if one has a mind to do it. Two years later, Baron Wladislaus and his wife were obliged to leave Paris. They returned to Z——, but even there they found it difficult to get enough money to live on; for their estates were so deeply mortgaged that not a blade of grass could really be said to belong to them, and their creditors became more and more troublesome every day. After a time, the Baroness went back to her own people in France, and the Baron, who had to remain at Z—— whether he would or not, sought comfort first in champagne, and afterward, when that became too expensive a luxury, in schnapps.

At length one day he found himself no longer beset by his creditors. Schmule had bought up all the claims against him, although they amounted to many thousand pounds sterling. "It's the first bad bargain that Schmule Runnstein ever made," said all his friends. But the general astonishment was much increased when it was discovered that he apparently let things alone after that, and took no steps to foreclose.