Following the Brothers Grimm fairy tale closely, a miller's daughter is forced to spin straw into gold for a greedy king after her father boasts falsely about her abilities, and a mysterious little imp appears to do the work for her in exchange for increasingly steep prices, ultimately demanding her firstborn child unless she can guess his name. This 1955 West German production, directed by Herbert B. Fredersdorf, was part of a long-running postwar wave of live-action Grimm adaptations made specifically for children's matinee audiences.