Very soon the news was spread abroad in the Black Forest that Charcoal Peter, or Gambling Peter, had returned, and that he was richer than formerly. As usual, now that he had returned a rich man he was received with open arms by those who had turned their backs on him in his misfortunes. He now pretended that he was a timber merchant, but this was only a blind, his real business was that of a money-lender and corn-dealer.

Very soon half the folks in the Black Forest owed him money, and he charged ten per cent for all he lent. Or again he sold corn to the poor, who had not the money to pay immediately, for three times its worth.

He was first-rate friends with the magistrate now, and when it happened that Peter’s debtors did not pay up to the very day the magistrate would come with his officers and sell up their homes and drive father, mother and children out into the forest. At first it caused rich Peter some inconvenience, for the poor creatures besieged his house, the men begged for some consideration, the women tried to soften his heart of stone, and the children cried for bread. But he bought a pair of fierce dogs to stop the “caterwauling,” as he called it, and so soon as a beggar appeared he set his dogs on to him.

But what caused him the most trouble was his poor old mother. She had fallen into extreme poverty, and though her son had returned a rich man he did not attempt to provide for her. She came sometimes to his door, weak and ill, her tottering steps supported by a stick, but she did not venture into the house, for once she had been driven out of it. It was a sore grief to her that she should be dependent on the charity of others when her own son could so well have afforded to care for her in her old age. But his heart of stone was never moved by the sight of the pale worn face and the withered outstretched hand.

When she knocked at his door he drew some coppers from his pocket and gave them to a servant to hand to her. He could hear her trembling voice as she thanked him and wished him well, he heard her coughing pitifully as she crept away, and then he thought no more about the matter, except that he had spent some money with no hope of its being returned.

At last Peter made up his mind to get married. He knew quite well that every father in the Black Forest would be only too glad to let him marry his daughter, but he was very difficult to please, for he wanted everyone to praise the good sense he had shown in making his choice and to be envious of his good fortune.

So he went to every dance-room in the countryside, but not one of the beautiful maidens he met there did he think sufficiently beautiful. At length he heard that a poor wood-cutter’s daughter was the most beautiful and most virtuous maiden in the whole of the Black Forest. She lived quietly, keeping her father’s house in beautiful order, and never so much as showed herself at the dance-rooms, not even at holiday times. No sooner did Peter hear of this marvel than he made up his mind to wed her, and rode out to the cottage where she dwelt. The beautiful Lisbeth’s father received this fine-looking gentleman with surprise, and was still more astonished when he heard that Peter wished to be his son-in-law. He did not take long to make up his mind, for he supposed that all his poverty and anxious striving would now be at an end, and so he agreed to his request without so much as asking Lisbeth’s consent, but she was such an obedient child that she did not venture to object, and so became Mrs. Peter Munk.

But the poor girl was not as happy as she expected to be. She had thought herself an accomplished housekeeper, but she could do nothing to please Master Peter. She was pitiful towards the poor, and, knowing her husband to be a man of means, she thought it no wrong to give them a little money or food. But when Peter happened to see her one day he told her with an angry glance and in harsh tones that she was wasting his goods. “What did you bring with you,” he cried, “that you think you can spend so lavishly? Why, your beggar father’s staff would scarcely serve to heat the soup, and yet you throw money about as though you were a princess. If I catch you doing it again you shall feel the weight of my hand.”

The beautiful Lisbeth wept bitterly when she was alone, and wished herself back again in her father’s poor little cottage instead of living in the grand house of the rich but miserly and hard-hearted Peter Munk. Had she known that he had a heart of stone in his breast and could love neither her nor anyone else she would not have been so surprised.

Sometimes, as she sat in her doorway, a beggar would pass by and hold out his hand in entreaty. Then Lisbeth closed her eyes tightly that she might not see his misery, and clenched her hands so that they should not involuntarily stray to her pocket for a coin. And so it happened that Lisbeth came to be ill-thought of throughout the whole of the Black Forest, and it was said that she was even more miserly than Peter himself.