A historical view of witchcraft in seven parts and a variety of styles. First, there is a slide-show alternating inter-titles with drawings and paintings to illustrate the behavior of pagan cultures in the Middle Ages regarding their vision of demons and witches. Then there is a dramatization of the situation of the witches in the Middle Ages, witchcraft and witch-hunts. Finally the film compares the behavior of hysteria of contemporary (1921) women with the behavior of the witches in the Middle Ages, concluding that they are very similar.

It's New Year's Eve. Three drunkards evoke a legend. The legend tells that the last person to die in a year, if he is a great sinner, will have to drive during the whole year the Phantom Chariot, the one that picks up the souls of the dead... David Holm, one of the three drunkards, dies at the last stroke of midnight...