King Midas is walking through his garden and notices a Satyr named Silenus. King Midas tells him that he is trespassing and threatens to tell his master but Silenus begs him not to. Silenus tells the King that if he does not tell his master then he will entertain him with wonderful tales.
King Midas has agreed to let the Satyr stay and entertain him. But at the end of the week King Midas sends Silenus back to his master, the god Dionysus.
The Satyr is returned to Dionysus and he is grateful that he is safe and sound. So he thanks King Midas by offering to give him any gift he wants. King Midas takes a day and a night to think about it. He then decides he wants the power of the golden touch.
King Midas then took a walk in the garden. He decided to touch one of the roses but when he did, it turned to gold. He then started turning other things into gold and then it got out of hand so he walks into his kingdom and suddenly his daughter walks in. King Midas said to her stay away from me but she wouldn't listen. She ran towards him and right as she touched him she turned to gold.
King Midas quickly went to visit Dionysus and begged for him to take back the gift. But Dionysus couldn't he told King Midas that the only way to lose the power was to go to the river Pactolus and swim around in the water in order to wash off the power. It was the only way to save Midas's daughter.
King Midas quickly goes to the river. When he gets there he swims around in the water hoping for it to work. As King Midas was getting out of the water he noticed little bits of gold in the shallow part of the water and was then sure that it had worked. So he began his journey home. When King Midas arrived back at the Kingdom he realized that his daughter and the roses were back to normal.