Mathias, an innkeeper with several other businesses, seeks to be burgomaster of a small Austrian hamlet. In order to gain favor with local leaders, he offers food and alcohol on credit, but often refuses to collect, much to the dismay of his wife Catharine. Mathias is deeply in debt to Frantz, who seeks Mathias' businesses. He will forgive the debt if Mathias allows him to marry his daughter, Annette. Mathias refuses, and is worried about the debt which will come due soon.