There once lived an exceeding rich merchant, who was a great traveller and who visited all manner of places. One day, being minded to journey to a certain city, he asked those who came thence, saying, “What kind of goods brought most profit there?” and they answered, “Chanders-wood; for it selleth at a high price.” So he laid out all his money in sandal and set out for that city; and arriving there at close of day, behold, he met and old woman driving her sheep. Quoth she to him, “Who art thou, O man?” and quoth he, “I am a stranger, a merchant.” “Beware of the townsfolk,” said she, “for they are cheats, rascals, robbers who love nothing more than imposing on the foreigner that they may get the better of him and devour his substance. Indeed I give thee good counsel.” Then she left him and on the morrow there met him one of the citizens who saluted him and asked him, “O my lord, whence comest thou?” Answered the merchant, “From such a place.” “And what merchandise hast thou brought with thee?” enquired the other; and replied he, “Chanders-wood, for it is high of price with you.” Quoth the townsman, “He blundered who told thee that; for we burn nothing under our cooking-pots save sandal-wood, whose worth with us is but that of fuel.” When the merchant heard this he sighed and repented and stood balanced between belief and unbelief. Then he alighted at one of the khans of the city, and, when it was night, he saw a merchant make fire of chanders-wood under his cooking pot. Now this was the man who had spoken with him and this proceeding was a trick of his. When the townsman saw the merchant looking at him, he asked, “Wilt thou sell me thy sandal-wood for a measure[FN#245] of whatever thy soul shall desire?” “I sell it to thee,” answered the merchant; and the buyer transported all the wood to his own house and stored it up there; whilst the seller purposed to take an equal quantity of gold for it. Next morning the merchant, who was a blue-eyed man, went out to walk in the city but, as he went along, one of the townsfolk, who was blue-eyed and one-eyed to boot, caught hold of him, saying, “Thou are he who stole my eye and I will never let thee go.”[FN#246] The merchant denied this, saying, “I never stole it: the thing is impossible.” Whereupon the folk collected round them and besought the one-eyed man to grant him till the morrow, that he might give him the price of his eye. So the merchant procured one to be surety for him, and they let him go. Now his sandal had been rent in the struggle with the one-eyed man; so he stopped at a cobbler’s stall and gave it to him, saying, “Mend it and thou shalt have of me what shall content thee.” Then he went on, till he came to some people sitting at play of forfeits and sat down with them, to divert his cark and care. They invited him to play with them and he did so; but they practised on him and overcoming him, offered him his choice,[FN#247] either to drink up the sea or disburse all the money he had.