Most gracious ladies, the potency of Fortune is never, methinks, more conspicuous than when she raises one, as in Pampinea's story we have seen her raise Alessandro, from abject misery to regal state. And such being the limits which our theme henceforth imposes on our invention, I shall feel no shame to tell a story wherein reverses yet greater are compensated by a sequel somewhat less dazzling. Well I know that my story, being compared with its predecessor, will therefore be followed with the less interest; but, failing of necessity, I shall be excused. Scarce any part of Italy is reputed so delectable as the sea-coast between Reggio and Gaeta; and in particular the slope which overlooks the sea by Salerno, and which the dwellers there call the Slope of Amalfi, is studded with little towns, gardens and fountains, and peopled by men as wealthy and enterprising in mercantile affairs as are anywhere to be found; in one of which towns, to wit, Ravello, rich as its inhabitants are to-day, there was formerly a merchant, who surpassed them all in wealth, Landolfo Ruffolo by name, who yet, not content with his wealth, but desiring to double it, came nigh to lose it all and his own life to boot. Know, then, that this man, having made his calculations, as merchants are wont, bought a great ship, which, entirely at his own expense, he loaded with divers sorts of merchandise, and sailed to Cyprus. There he found several other ships, each laden with just such a cargo as his own, and was therefore fain to dispose of his goods at a very cheap rate, insomuch that he might almost as well have thrown them away, and was brought to the verge of ruin. Mortified beyond measure to find himself thus reduced in a short space of time from opulence to something like poverty, he was at his wits' end, and rather than go home poor, having left home rich, he was minded to retrieve his losses by piracy or die in the attempt. So he sold his great ship, and with the price and the proceeds of the sale of his merchandise bought a light bark such as corsairs use, and having excellently well equipped her with the armament and all things else meet for such service, took to scouring the seas as a rover, preying upon all folk alike, but more particularly upon the Turk.