Narrated by José L. Gomez, a Tagalog from Rizal province.  
Once upon a time there lived in the town of Pasig two honest men who were intimate friends. They were called Mayaman1 and Mahirap,2 because one was much richer than the other.
 
One pleasant afternoon these two men made up their minds to take a long walk into the neighboring woods. Here, while they were talking happily about their respective fortunes, they saw in the distance a poor wood-cutter, who was very busy cutting and collecting fagots for sale. This wood-cutter lived in a mean cottage on the outskirts of a little town on the opposite shore of the lake, and he maintained his family by selling pieces of wood gathered from this forest.
 
When they saw the poor man, Mayaman said to his friend, “Now, which one of us can make that wood-cutter rich?”
 
“Well, even though I am much poorer than you,” said Mahirap, “I can make him rich with just the few cents I have in my pocket.”
 
They agreed, however, that Mayaman should be the first [138]to try to make the poor man rich. So Mayaman called out to the wood-cutter, and said, “Do you want to be rich, my good man?”
 
“Certainly, master, I should like to be rich, so that my family might not want anything,” said the wood-cutter.
 
Pointing to his large house in the distance, Mayaman said, “All right. Come to my house this evening on your way home, and I will give you four bags of my money. If you don’t become rich on them, come back, and I will give you some more.”
 
The wood-cutter was overjoyed at his good luck, and in the evening went to Mayaman’s house, where he received the money. He placed the bags in the bottom of his banca,3 and sailed home. When he reached his little cottage, he spread out all the gold and silver money on the floor. He was delighted at possessing such wealth, and determined first of all to buy household articles with it; but some dishonest neighbors, soon finding out that the wood-cutter had much money in the house, secretly stole the bags.
 
Then the wood-cutter, remembering the rich man’s promise, hastily prepared his banca and sailed across to Pasig. When Mayaman saw the wood-cutter, he said, “Are you rich now, my good man?”
 
“O kind master!” said the wood-cutter, “I am not yet rich, for some one stole my bags of money.”
 
“Well, here are four more bags. See that you take better care of them.”
 
The wood-cutter reached home safely with this new wealth; but unfortunately it was stolen, too, during the night.
 
Three more times he went to Mayaman, and every time received four bags of money; but every time was it stolen from him by his neighbors.
 
Finally, on his sixth application, Mayaman did not give the wood-cutter money, but presented him with a beautiful ring. “This ring will preserve you from harm,” he said, “and will give you everything you ask for. With it you can become the richest man in town; but be careful............