Tom Walker, and his wife are described as miserly and bitter towards each others. The couple even goes as far as hiding money from each other.
CLIMAX
Tom Walker is approached by the devil to make a deal with him. The devil offers him Pirate Kidd's treasure which is buried near them. the devil told Tom Walker that this would make him very wealthy.
FALLING ACTION
Tom goes home to think about the deal. However, after his wife urges him to do it, he spites her by refusing. Therefore, she goes into the woods herself to make the deal and doesn't return. With his wife gone, Tom revisits the devil's pact and becomes a moneylander in Boston.
RESOLUTION
When Tom became very wealthy he started to begin to worry about his soul. It was clear that he regretted his deal and he tried to repented by reading the Bible and attending church, but he remained in his nefarious business. Then one day, he heard three loud knocks at his door!
The devil arrived to collect Tom's soul.
The people of Boston appointed a board to oversee Tom's estate. However, when they looked for all the money he had made, there was nothing left. A legend remains that to this day, the black horse and a figure in a white cap can be seen on the marsh, "which is doubtless the troubled spirit of the moneylander".