_I am called up in school. I had to solve a mathematical problem but could not arrive at the right result. Next it was an English translation from Shakespeare. I did not know the vowels. It seemed that the various persons of the play were represented by some of the colleagues in theatrical costumes._ The analysis of this dream would lead us into endless bypaths. The most important feature is the affective character of the dream which in simplest terms may be formulated as follows: “I am facing problems in life for which I do not feel prepared. I am an actor and I am wearing a theatrical costume. I am playing the homosexual, I have transposed one aboriginal trend into another. The English play, _The Merchant of Venice_, comes to his mind. The teacher who examined him in mathematics was also _Kaufmann_ (merchant) by name. This _Kaufmann_ is the center of a rather tragic episode in his life. He was studying “exact” branches (_Realschule_) but was interested in the classical (_Gymnasium_) course; he was always weak in mathematics; he failed in his last examination for engineering. His attitude towards money matters has always been morbid. His mother continually reproaches him for not appreciating the value of money and for being unable to handle money wisely. He is different from his parents, both of whom are merchants.” The _Merchant of Venice_ portrays the tragedy of the relations of a Jew to his only daughter. She runs off with her beloved and abandons the greedy father, who, however, never begrudged her anything. He wants to do likewise. He would like to flee with his friend and abandon the mother. His basic problem is: how to get around his mother, how to free himself of her. He places great weight on the jewel box scene, which has always impressed him. He, too, is confronted by the difficult problem of a choosing among the boxes. There are three paths open before him: man, woman and child. He is a child, would like to be a woman and is afraid to be a man. His inner conflicts are locked up like the valuables in the box. We shall see whether analysis is capable of disclosing them.... There are some vague relations to Shylock’s coldbloodedness. He emphasizes the pound of flesh. The associations lead to certain sadistic trends which are wholly unconscious. At any rate, the first dream in the analysis is of greatest significance. Its complete solution and interpretation becomes possible much later.... He dwells for a long time on his attitude towards money. One familiar with dream analysis at once suspects that this money complex has its bearing on anal eroticism. He keeps to his theme. Requests to leave early. Again comes very late and asks whether he may leave early. He is hungry. (One notices his extremely resistant attitude. He is afraid he might disclose something.) He has dreamed wild and profuse dreams, he can no longer remember what. He must have spoiled his stomach for he vomited in the morning.