The grandfather – a basket weaver – and his scatterbrained grandson live in poverty by the side of a river. The boy does not want to learn his grandfather’s craft until one day he gets a magic wand from a stranger and advice on how to find both happiness and wealth. He grows into a stalwart, trustworthy young man, and his magic baskets are always full of all kinds of good things. But is it always a blessing if one has too much of everything?