And it came to pass, that when the nun had departed from him, he still thought that with this world he would leave not a moment without profit; therefore when that they brought a priest unto him, lost he not any time in rehearsing unto him his sins, and likewise giving unto him such a lesson as in this true and veracious chronicle will now be set forth. For the greed of priests be very great, and ever delight they in clutching from the poor such money as would otherwise fill their ill-lined bodies with good meat and drink, and cover their pinched limbs with a fair doublet. So when that this priest came unto Owlglass, perceived he that an adventurous man had our master been, and in his time had made not a little provision for his purse, and could, therefore, pay unto his confessor a goodly sum. And unto him did he therefore speak, beseeching him to think of the peace of his soul, and that he should pay money for masses, the which should be said and sung for him. Thereunto answered Owlglass, that it was well said of him, and he bade him to come again that afternoon, and he would make provision therefor.
Then departed the priest, and came not again until even; and our good master made preparation, and gat a large vessel and filled it with pitch; and on the top of the pitch laid he some crown-pieces, and ducats, and other money, so as to hide the pitch from the eyes of the priest. Then confessed Owlglass his sins, and the priest gave him absolution, and then would have received the money of him. And Owlglass said unto him: “Lo! in yonder vessel lieth store of treasure, put in thine hand and pluck forth a handful; but do thou see that thou dip not too deep.” Yet was the priest greedy, and hearkened not unto the words of Owlglass, but dipped his hand deep into the vessel, and behold! when he brought it forth again was it with pitch all defiled. Thereat was Master Owlglass greatly benefited, so that strength returned unto him, and he rose up from his bed and said unto him: “Dost thou not see! I required of thee that thou shouldst not dip too deep into the vessel; but thou wouldst not hearken unto my words, for on the top lay the treasure, the which was thine.” And he laughed and made sport of the priest’s greed. Then was the priest wroth, and departed, and would with such a knave have no more to do.