In this story, the elves have only a foot high, and are naked (as leprechauny) do shoes. In this way, help shoemaker`s . But when the cobbler rewarding their work clothes, the elves are delighted, they take things and disappear forever.
Besides, in the German folklore of people to die is to appear an elve, or even the King of the Elves - like the Irish banshee. Contrary to the banshee, the king of the elves appear only shortly before his death, and the expression on his face can tell whether the death will be mild or painful. This aspect of the legend, immortalized Goethe in his poem Der Erlkönig, which later music.
Pozdrawiam.