Aleksei Mikhailovich Remizov (1877-1957) is a writer of big literary oeuvre, where he contained his own practical philosophy. He lived in specific period, what prefered individualism of author and philosophical reflection. What is more, the symbol was the main and exellent way of artistic expression. The general question of the period was to propagate universal values. That is why, the writers, also Remizov, were interested in folk culture, where the values were still alive. Remizov was looking for his inspiration just in folk artistic work. The analysis of the fairy tale 'Zaichik Ivanych' show the truth about the world, live and human, what in filling of crisis the modernistic author contained in his tale. All of the heros play their own specific role in symbolic layer of the work. To sum up, the right interpretation of the fairy tale is possible only in context of the cultural phenomena of the period and in context of author's biography.