"Why, then, and only then," said the old man, "they must starve, and the gold would be nought, for it can only be changed for that which is; it cannot make that which is not."

"And where do they get gold?" asked the prince. "Is it the precious fruit of some rare tree, or have they whereby they can draw it down from the sky at sunset?"

"Some of it," said the old man, "they dig out of the ground."

Then he told the prince of ancient rivers running through terrible deserts, whose sands glitter with golden grains and are yellow in the fierce heat of the sun, and of dreary mines where the Indian slaves work in gangs tied together, never seeing the light of day; and lastly (for he was a man of much knowledge, and had travelled far), he told him of the valley of the Sacramento in the New World, and of those mountains where the people of Europe send their criminals, and where now their free men pour forth to gather gold, and dig for it as hard as if for life; sitting up by it at night lest any should take it from them, giving up houses and country, and wife and children, for the sake of a few feet of mud, whence they dig clay that glitters as they wash it; and how they sift it and rock it as patiently as if it were their own children in the cradle, and afterward carry it in their bosoms, and forego on account of it safety and rest.

"But, prince," he went on, seeing that the young man was absorbed in his narrative, "if you would pass your word to me never to betray me, I would procure for you a sight of the external world, and in a trance you should see those places where gold is dug, and traverse those regions forbidden to your mortal footsteps."

Upon this, the prince threw himself at the old man's feet, and promised heartily to observe the secrecy required, and entreated that, for however short a time, he might be suffered to see this wonderful world.

Then, if we may credit the story, the old man drew nearer to the chafing-dish which stood between them, and having fanned the dying embers in it, cast upon them a certain powder and some herbs, from whence as they burnt a peculiar smoke arose. As their vapors spread, he desired the prince to draw near and inhale them, and then (says the fable) assured him that when he should sleep he would find himself, in his dream, at whatever place he might desire, with this strange advantage, that he should see things in their truth and reality as well as in their outward shows.

So the prince, not without some fear, prepared to obey; but first he drank his sherbet, and handed over the golden cup to the old man by way of recompense; then he reclined beside the chafing-dish and inhaled the heavy perfume till he became overpowered with sleep, and sank down upon the carpet in a dream.

The prince knew not where he was, but a green country was floating before him, and he found himself standing in a marshy valley where a few wretched cottages were scattered here and there with no means of communication. There was a river, but it had overflowed its banks and made the central land impassable, the fences had been broken down by it, and the fields of corn laid low; a few wretched peasants were wandering about there; they looked half-clad and half-starved. "A miserable valley, indeed!" exclaimed the prince; but as he said it a man came down from the hills with a great bag of gold in his hand.

"This valley is mine," said he to the people; "I have bought it for gold. Now make banks that the river may not overflow, and I will give you gold; also make fences and plant fields, and cover in the roofs of your houses, and buy yourselves richer clothing." So the people did so, and as the gold got lower in the bag the valley grew fairer and greener, till the prince exclaimed, "O gold, I see your value now! O wonderful, beneficent gold!"