Midas begs for the golden touch, but the elf warns him it would be a curse to him. Midas insists. He dances about joyfully at first, but discovers the drawbacks when he sits down to dinner.

He's woken when a king - King Midas - and his soldiers come riding up. Midas has a special longing to see Dionysus and Silenus agrees to take him to see the god in exchange for the loan of a horse.