This story centers on a blacksmith named Robert Kelly who lives near the coast in Ireland and is known for his ability to interpret dreams. Seven years after the disappearance of a local boy named Philip Renardy, the blacksmith dreams of Philip appearing on a white horse and revealing that the giant Mahon McMahon had kidnapped him. The boy shares that he has been living in the giant's realm, where no one ages. Philip instructs Kelly to rescue him on the night the giant's door opens, a chance that only comes every seven years. With a horseshoe print as confirmation, the blacksmith sets out with a friend, eventually locating the hidden entrance to the giant's hall. Inside, Kelly encounters Mahon McMahon and successfully identifies Philip among several eternally young boys. Once reunited with his family, Philip resumes a normal life, though he remains unusually small. The giant disappears, and Robert Kelly's reputation as a dream interpreter grows throughout the land.