The woman saw the force of this, and let the man go away with the cows, and thought to herself, “How pleased Hans will be when he finds how cleverly I have managed it!” The peasant came home on the third day as he had said he would, and at once inquired if the cows were sold? “Yes, indeed, dear Hans,” answered the woman, “and as you said, for two hundred thalers. They are scarcely worth so much, but the man took them without making any objection.”

“Where is the money?” asked the peasant.

“Oh, I have not got the money,” replied the woman; “he had happened to forget his money-belt, but he will soon bring it, and he left good security behind him.”

“What kind of security?” asked the man.

“One of the three cows, which he shall not have until he has paid for the other two. I have managed very cunningly, for I have kept the smallest, which eats the least.” The man was enraged and lifted up his stick, and was just going to give her the beating he had promised her.