Know, then, that there was once at Milan a German mercenary, Gulfardo by name, a doughty man, and very loyal to those with whom he took service; a quality most uncommon in Germans. And as he was wont to be most faithful in repaying whatever moneys he borrowed, he would have had no difficulty in finding a merchant to advance him any amount of money at a low rate of interest. Now, tarrying thus at Milan, Gulfardo fixed his affection on a very fine woman, named Madonna Ambruogia, the wife of a wealthy merchant, one Guasparruolo Cagastraccio, with whom he was well acquainted and on friendly terms: which amour he managed with such discretion that neither the husband nor any one else wist aught of it. So one day he sent her a message, beseeching her of her courtesy to gratify his passion, and assuring her that he on his part was ready to obey her every behest.
The lady made a great many words about the affair, the upshot of which was that she would do as Gulfardo desired upon the following terms: to wit, that, in the first place, he should never discover the matter to a soul, and, secondly, that, as for some purpose or another she required two hundred florins of gold, he out of his abundance should supply her necessity; these conditions being satisfied she would be ever at his service. Offended by such base sordidness in one whom he had supposed to be an honourable woman, Gulfardo passed from ardent love to something very like hatred, and cast about how he might flout her. So he sent her word that he would right gladly pleasure her in this and in any other matter that might be in his power; let her but say when he was to come to see her, and he would bring the moneys with him, and none should know of the matter except a comrade of his, in whom he placed much trust, and who was privy to all that he did. The lady, if she should not rather be called the punk, gleefully made answer that in the course of a few days her husband, Guasparruolo, was to go to Genoa on business, and that, when he was gone, she would let Gulfardo know, and appoint a time for him to visit her. Gulfardo thereupon chose a convenient time, and hied him to Guasparruolo, to whom:—“I am come,” quoth he, “about a little matter of business which I have on hand, for which I require two hundred florins of gold, and I should be glad if thou wouldst lend them me at the rate of interest which thou art wont to charge me.” “That gladly will I,” replied Guasparruolo, and told out the money at once. A few days later Guasparruolo being gone to Genoa, as the lady had said, she sent word to Gulfardo that he should bring her the two hundred florins of gold. So Gulfardo hied him with his comrade to the lady’s house, where he found her expecting him, and lost no time in handing her the two hundred florins of gold in his comrade’s presence, saying:—“You will keep the money, Madam, and give it to your husband when he returns.” Witting not why Gulfardo so said, but thinking that ’twas but to conceal