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François Villon, poet and ardent patriot, is selected by the mob as the king of fools for All Fools' Day. When he makes a witty jest at the expense of the Duke of Burgundy, Louis XI banishes him from Paris. He steals a wagon loaded with food, distributes it to the poor, and is accidentally thrown into the rooms of Charlotte, the king's ward, who is to be forced into marriage with one of the duke's men. When captured, Villon plays on the king's superstition and becomes a court favorite. Charlotte is kidnaped by Burgundy's men, and Villon, who unmasks the schemes perpetrated against the king, follows them and is subjected to torture. In disguise, the king, with his warriors, rescues Villon and Charlotte and consents to their marriage.