And the sage Oloffe dreamed a dream—and, lo! the good St. Nicholas came riding over the tops of the trees, in that self-same wagon wherein he brings his yearly presents to children. And he descended hard by where the heroes of Communipaw had made their late repast. And he lit his pipe by the fire, and sat himself down and smoked; and as he smoked the smoke from his pipe ascended into the air, and spread like a cloud overhead. And Oloffe bethought him, and he hastened and climbed up to the top of one of the tallest trees, and saw that the smoke spread over a great extent of country—and as he considered it more attentively he fancied that the great volume of smoke assumed a variety of marvelous forms, where in dim obscurity he saw shadowed out palaces and domes and lofty spires, all of which lasted but a moment, and then faded away, until the whole rolled off, and nothing but the green woods were left. And when St. Nicholas had smoked his pipe he twisted it in his hatband, and laying his finger beside his nose, gave the astonished Van Kortlandt a very significant look, then mounting his wagon, he returned over the treetops and disappeared.
And Van Kortlandt awoke from his sleep greatly instructed, and he aroused his companions, and related to them his dream, and interpreted it that it was the will of St. Nicholas that they should settle down and build the city here; and that the smoke of the pipe was a type how vast would be the extent of the city, inasmuch as the volumes of its smoke would spread over a wide extent of country. And they all with one voice assented to this interpretation excepting Mynheer Ten Broeck, who declared the meaning to be that it would be a city wherein a little fire would occasion a great smoke, or, in other words, a very vaporing little city—both which interpretations have strangely come to pass!
The great object of their perilous expedition, therefore, being thus happily accomplished, the voyagers returned merrily to Communipaw, where they were received with great rejoicings. And here calling a general meeting of all the wise men and the dignitaries of Pavonia, they related the whole history of their voyage, and of the dream of Oloffe Van Kortlandt. And the people lifted up their voices and blessed the good St. Nicholas, and from that time forth the sage Van Kortlandt was held in more honor than ever, for his great talent at dreaming, and was pronounced a most useful citizen, and a right good man—when he was asleep.