forest which was on the side of a deep river. He was working all day long and he was tired. Suddenly his axe slipped from his hand and fell into the water. Oh!, I have lost my axe, “ he cried. “I have nothing to use to earn my living! What shall I do? The river is very deep and I am afraid to dive into it. Who can help me?” Faye, a good fairy, heard the poor man’s cries and appeared before him. “What’s the matter, poor woodman?” she asked. “Why are you so sad?” Caloy told her what happened and f Faye promised to help him. She divedinto the river and brought up a golden axe. “ Is it yours?” she asked. “No, that is not mine,” answered Caloy. Faye dived again and this time brought up a silver axe. “Is it yours?” she asked, and Caloy again answered “No.” So Faye dove a third time and this time brought up the axe that had slipped from Caloy’shand. “That’ is my axe,” he cried. “Now I can work again.” Happy with Caloy’s acts, Faye gave him the two axes as a reward.