Clarissa is promoted to department head of Feerenbach's bank. He and bank clerk Lutz both love her. When she falls for Lutz she soon is led to believe that he only uses her to cover up his own illegal speculations with the bank's funds.
Knight Dietwald von Falkenau returns from his trip to see the Pope through Berchtesgaden to his cloister. He was unsuccessful in his mission to have the papal ban against his emperor lifted. The young Walti, who works in the cloister, jokes with the cloister' cook, Severin, because Dietwald's cold stare scared him. Severin rebukes him, saying that Dietwald has been carrying a heavy burden. Once, Dietwald had his own fortress. This, however, was destroyed during an attack and his wife killed. Since then, he has not seen his daughter again.
