The Simpleton went into the wood, and there sat the little old grey man to whom he had given his cake.

"I have drunk for you, and I have eaten for you," said the little man, "and I will also give you the ship; all this I do for you because you were kind to me."

Then he gave the Simpleton a ship that went both on land and water, and when the King saw it he knew he could no longer keep back his daughter. The wedding was celebrated, and after the King's death, the Simpleton inherited the Kingdom, and lived very happily ever after with his wife.