The Devil and Tom Walker is a short story by Washington Irving, it first appeared in an 1894 collection entitled Tales of a Traveler. Thes tory also happens to be very similar to a German legend called the Faust. In the story the devil cuts down a tree and he burns it.
The story touches on the subject of greed and what bad things that greed can do. Tom Walker is a very greedy and miserly man who soon finds out that he has met his match in the devil. Tom Walker becomes both too greedy and too confident and when he does he loses.