This is the tale of Zelig Shlepperski, the builder of a mighty merchant company which once threatened the merchant cartels of Nuln, but who was reduced to a poor homeless (and now deranged) beggar due to a hateful conspiracy against him.
A voyage to the far reaches of Araby turns into disaster, when a famous historian, Helmut Hundson, uncovers a terrible secret in the lost city of Farakesh.