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I understood then why he hadn’t wanted my grandmother buying dresses for me, as he’d thought, with fur and gold buttons on them. He wouldn’t try to make a princess out of a miller’s daughter with borrowed finery, and snare her a husband fool enough to be tricked by it, or who’d slip out of the bargain when he learned the truth.

It didn’t make me angry; I liked him better for that cold, hard honesty, and it made me proud that now he did invite his guests, and even boasted of me to them, how I’d taken away a purse of silver and brought back one of gold.

But my grandmother kept her mouth pursed shut; my mother’s was empty of smiles. I was angry at her again as we flew home in the warm sledge over the frozen roads. I had another purse of silver hidden deep under my own fur cloak, and three petticoats underneath my dress, and I didn’t feel cold at all, but her face was tight and drawn.

“Would you rather we were still poor and hungry?” I burst out to her finally, the silence between us heavy in the midst of the dark woods, and she put her arms around me and kissed me and said, “My darling, my darling, I’m sorry,” weeping a little.

“Sorry?” I said. “To be warm instead of cold? To be rich and comfortable? To have a daughter who can turn silver into gold?” I pushed away from her.

“To see you harden yourself like a stone, to make it so,” she said. We didn’t speak the rest of the way home.

I didn’t believe in stories, even though we lived in the middle of one: our village had been cut out of the North Forest, a little too near the depths where they said the old ones lived, the Staryk. Children who ran playing in the woods would sometimes stumble across their road and come home with one of the pebbles that lined it: an unnaturally smooth pebble that shone in starlight, and got lost again very quickly no matter how much care you took with it. I saw them displayed in the village square a couple of times, but they only looked like smooth white pebbles, and I didn’t think magic was needed to explain why children lost a rock again in short order.

You weren’t supposed to ride through the woods dressed too fine, because they loved gold and gems and finery, but again, I didn’t mean to be afraid of fairy lords when thieves would do just as well, to make it poor sense to go riding through a deep forest wearing all your jewels. If you found a grove full of red mushrooms with white spots, you were supposed to go back out again and stay well away, because that was one of their dancing rings, and if someone went missing in the woods they’d taken him or her, and once in a while someone would come staggering out of the forest, feverish, and claim to have seen one of them.

I never saw the road, or took any of it seriously, but the morning after my mother and I came back home, Wanda ran back inside, afraid, after she’d gone out to feed the chickens. “They’ve been outside the house!” was all she said, and she wouldn’t go out again alone. My father took the iron poker from the fireplace and we all went out cautiously behind him, thinking there might be burglars or wolves, but there were only prints in the snow. Strange prints: a little like deer, but with claws at the end, and too large, the size of horses’ hooves. They came right to the wall of the house, and then someone had climbed off the beast and looked through our window: someone wearing boots with a long pointed toe.

I wasn’t stubborn about my disbelief, when I had footprints in snow to show me something strange had happened. If nothing else, no one anywhere near our town had boots that absurd, for fashion; only someone who didn’t have to walk anywhere would have shoes like that. But there didn’t seem to be anything to do about it, and they’d left, whoever they’d been. I told Wanda we’d hire her brother to come and guard the house during the night, mostly so she wouldn’t be afraid and maybe leave her place, and then I put it out of my mind.

But the tracks were there again the next morning, though Sergey swore he’d been awake all night and hadn’t heard a thing.

“If the Staryk haven’t anything better to do but peer in at our windows, I suppose they can,” I said out loud and clear, standing in the yard. “We’re no fools to keep our gold in the house: it’s in Grandfather’s vault,” which I hoped might be overheard and do some good whether it was an elf or a thief or someone trying to scare me.

It did something, anyway; that night as we sat at our work in the kitchen, my mother doing the fine sewing she loved, and I with my spindle, my father silently whittling with his head bowed, there was suddenly a banging at the door, a heavy thumping as though someone were knocking against the wood with something metal. Wanda sprang up from the kettle with a cry, and we all held stilclass="underline" it was a cold night, snow falling, and no one would come out at such an hour. The knocking came again, and then my father said, “Well, it’s a polite devil, at least,” and got up and went to the door.

When he opened it, no one was there, but there was a small bag sitting on the threshold. He stepped outside and looked around to one side and the other: no one anywhere in sight. Then he gingerly picked up the bag and brought it inside and put it on the table. We all gathered around it and stared as though it were a live coal that might at any moment set the whole house ablaze.

It was made of leather, white leather, but not dyed by any ordinary way I’d ever heard of: it looked as though it had always been white, all the way through. There wasn’t a seam or stitch to be seen on its sides, and it clasped shut with a small lock made of silver. Finally, when no one else moved to touch it, I reached out and opened the clasp, and tipped out a few small silver coins, thin and flat and perfectly round, not enough to fill the hollow of my palm. Our house was full of warm firelight, but they shone coldly, as if they stood under the moon.

“It’s very kind of them to make us such a present,” my father said after a moment doubtfully, but we all knew the Staryk would never do such a thing. There were stories from other kingdoms farther south, of fairies who came with gifts, but not in ours. And then my mother drew a sharp breath and looked at me and said, low, “They want it turned into gold.”

I suppose it was my own fault, bragging in the woods where they could hear me, but now I didn’t know what to do. Moneylending isn’t magic: I couldn’t lend the coins out today and have the profit back tomorrow, and I didn’t think they meant to wait a year or more for their return. Anyway, the reason I had brought in so much money so quickly was that my father had lent out all my mother’s dowry over years and years, and everyone had kept the money so long they had built heaps of interest even at the little rate my father had charged them.

“We’ll have to take the money from the bank,” my mother said. There were six silver coins in the bag. I had put fourteen gold coins in the bank this last visit, and the city was only an eight-hour sleigh ride away when the snow was packed this hard. But I rebelled: I didn’t mean to trade our gold, my gold, for fairy silver.

“I’ll go to the city tomorrow,” was all I said, but when I went, I didn’t go to the bank. I slept that night in my grandfather’s house, behind the thick walls of the quarter, and early the next morning, I went down to the market. I found a seat upon the temple steps while the sellers put out their stalls: everything from apples to hammers to jeweled belts, and I waited while the buyers slowly trickled in. I watched through the morning rush, and after it thinned out, I went to the stall of the jeweler who had been visited by the most people in drab clothes: I guessed they had to be servants from the rich people of the city.