The full text, in English, is available to download The story is set is the rural region to the north of Hungary, now Slovakia, where Mikszáth was born. This is the territory of the Palóc people, celebrated by Mikszáth in his writings, especially the short stories A Jó Palócok. The characters in the story are small townmiddle class and the local peasantry. The novel is in five sections, the first establishing the legend of 'St Peter's umbrella'. The key character is the young priest, János Bélyi, who has just arrived in his first parish, Glogova, so poor that the living barely supports a priest. Within a couple of weeks, a neighbour from his home village appears. He brings news of the priest's widowed mother's death, and deposits on him his two-year-old sister. How, János wonders, can he care for his sister when the parish hardly provides enough for him? He goes to the church to seek guidance, leaving little Veronica asleep in her basket on the verandah. A sudden storm with torrential rain interrupts his prayers and he hurries back to the sleeping child, only to find her perfectly dry, her basket covered by a ragged red umbrella. The villagers having seen an old Jew in the neighbourhood, with the umbrella, decide that he closely resembled the picture of Saint Peter in their church: they are convinced that the saint has visited their village. The red umbrella becomes a miraculous object of veneration, its widespread fame bringing visitors and prosperity to the village, and to its priest. The subsequent sections start with a flashback, many years earlier, in the nearby town of Bestercebánya. The key characters are Pál Gregorics, and his son, Gyuri Wibra. Pál, a socially awkward man, inherits a fortune from his mother - to the displeasure of his two elder half brothers and a half sister. When his cook gives birth to an illegitimate son, it is understood that Pál is the father. He dotes on young Gyuri Wibra, and provides for his education. Regarded as an eccentric, Pál always carries with him a red umbrella from which he refuses to be parted. Suspicious that his brothers and sister will seek to harm Gyuri's interests, Pál secretly sells all his estates and property and deposits the cash in a bank, in exchange for a banker's draft for the entire amount to go to Gyuri. On his death, his Will is read out; the brothers are stupefied that there is no mention of any estates, no fortune; just a few insignificant bequests. Gyuri, now a celebrated young lawyer, is aware the missing money was to be his inheritance. Learning that Pál had been a wartime spy and had a compartment made in the handle of his umbrella for carrying secret documents, Gyuri is convinced that a paper, proving his inheritance, is hidden in the handle. This would explain why Pál never let the umbrella out of his sight. But by this time the umbrella had already been sold, along with other sundry possessions, to an old Jew who kept a second-hand shop but who had now disappeared. The subsequent sections follow Gyuri in his obsessive quest to track down the umbrella. The trail eventually leads him to Glogova; but before he arrives there, he meets a young girl, Veronica, and hears of her 'miraculous' red umbrella. Gyuri decides that the only way he can lay hands on his inheritance is to marry Veronica. She accepts him and he has the blessing of the parish priest, her brother. But the plan is thwarted when he discovers that the villagers of Glogova had paid to have the umbrella's wooden handle replaced with a more fitting silver one, and the old handle had been burnt: Gyuri's inheritance is lost. But with the loss comes the realisation that he wants to marry Veronica for herself, not to gain possession of his money.
