The name of the city was Stavoren, and the people who lived there were very wealthy. Some of them were so wealthy that they laid their great halls with floors of gold and silver. But in spite of their wealth they were selfish, thoughtless, and hard hearted. For the poor people they cared nothing.

The richest person among them was a maiden lady. She had palaces, farms, ships and counting-houses—everything that one could desire. But she thought of nothing except how she might increase her store. With this in mind she one day summoned the captain of her largest vessel.

When he came she bade him sail away to procure a cargo of the most precious things of earth, and to return within the year. Not knowing exactly what she wished, the captain questioned her, but she simply repeated her order and sent him away at once.

The captain set sail from Stavoren without knowing where he was going. After leaving the harbor he called his officers together and asked their advice. Each had a different opinion as to what were the most precious things of earth.

The captain was plunged into greater doubt than ever. He thought over the question for many long hours, smoking his pipe and scratching his head. At last he said to himself that nothing could be more precious than wheat, which is the staff of life.

Accordingly he purchased a cargo of grain, and returned happily to his native town, arriving long before the year had passed. The haughty lady had in the meantime told all her friends that her vessel had gone in search of the most precious thing of earth. She would not tell her closest friend what that most precious thing might be. So everybody was very curious.

When one day her captain appeared suddenly before her and told her that he had brought a cargo of wheat, her pride vanished. She flew into a terrible rage and commanded that every kernel be cast into the sea at once. The captain was shocked at this order and plead with her to allow him to give the wheat to the poor. She repeated her command.

“I will come down to the port myself,” she said, “to make sure that every kernel is cast into the sea.”

The captain made his way sadly back to his vessel. As he did so he met several beggars by the way and told them that a cargo of wheat was to be cast into the sea. By the time the lady reached the dock the poor had gathered there from all parts of the city, hoping to secure some of the grain.

When the lady approached, many imploring hands were extended toward her, but all was in vain. Angry and proud, she made the sailors cast all the wheat into the sea. The captain, powerless to prevent this sinful waste, looked on in quiet rage. When the last kernel had disappeared beneath the water he turned to his haughty mistress.