This is quite a decent silent horror film. The print I watched was quite rich. It is a story, not unlike "Crime and Punishment," where a man beset by debt through his own shortsightedness, kills a kind old Jew and lives it up on his money. He spends on his daughter's wedding, buying clothes for his wife, and playing the part of the Burgomaster. Unfortunately, the bells in the title are the sleigh bells of the shay that the old man was driving when he was murdered. One of the strangest things is the appearance of Boris Karloff as a mesmerist. This was years before his appearance in "Frankenstein." He has thick glasses and this hideous grin. He has the power to get people to talk about their worst actions. Everything plays out, but I'm still not sure about the conclusion. It is a very interesting film and it has Lionel Barrymore playing something other than a bent over old curmudgeon.