Eléazar’s own life is spared by Chief Magistrate Brogni, who sends him into exile. On his way, Eléazar witnesses how Brogni’s estate is burned by an invading army that leaves only his baby daughter alive. Eléazar saves her from the flames, adopts her as his own and calls her Rachel.

They settle in the Swiss town of Constanz. Although tormented and embittered by his hatred for the Christians, Eléazar soon establishes himself as a successful jeweler and a loving father.

Now a young woman, Rachel falls in love with a man who she believes to be a Jewish artist. However, when it turns out that he is not only a married Prince, but also Christian, all three face the death penalty for breaking the law of the time that strictly prohibits inter-religious relationships.

As Eléazar awaits execution, he is visited by Brogni. After the loss of his family he had joined the church and risen to the post of Cardinal. Brogni offers him their freedom if they choose to convert to Christianity, but blinded by hate, Eléazar declines the offer. Instead, he informs Brogni that his daughter is still alive, but refuses to reveal her identity until after Rachel is thrown into the flames.