Wise and foolish love
 
Die kluge Jungfrau hat
  The    wise         virgin              has
     ihrn Schmuck in sich allein,
        her       adornment       in   herself  alone,
Die Törin denkt sich schön
  The    foolish one thinks    herself  beautiful
     in schönen Kleidern sein.
         in    beautiful        clothes           to be. (I.e. when she is beautifully clothed)