"Well! I don't think much of that," he grumbled.

"Wait a little," said Sindri mysteriously. "Wait and see." Then he went on to make the second gift.

This time he put a lump of gold into the fire. And when he went away, as before, he bade Brock stand at the bellows to blow—blow—blow without stopping. Again, as before, in buzzed Loki the gadfly as soon as the master-smith had gone out. This time he settled on Brock's swarthy neck, and stung him so sorely that the blood came and the dwarf roared till the mountain trembled. Still Brock did not let go the handle of the bellows, but blew and howled—blew and howled with pain till Sindri returned. And this time the dwarf took from the fire a fine gold ring, round as roundness.

"Um! I don't think so much of that," said Brock, again disappointed, for he had expected some wonderful jewel. But Sindri wagged his head wisely.

"Wait a little," he said. "We shall see what we shall see." He heaved a great lump of iron into the fire to make the third gift. But this time when he went away, leaving Brock at the bellows, he charged him to blow—blow—blow without a minute's rest, or everything would be spoiled. For this was to be the best gift of all.

Brock planted himself wide-legged at the forge and blew—blew—blew. But for the third time Loki, winged as a fly, came buzzing into the smithy. This time he fastened viciously below Brock's bushy eyebrow, and stung him so cruelly that the blood trickled down, a red river, into his eyes and the poor dwarf was blinded. With a howl Brock raised his hand to wipe away the blood, and of course in that minute the bellows stood still. Then Loki buzzed away with a sound that seemed like a mocking laugh. At the same moment in rushed Sindri, panting with fright, for he had heard that sound and guessed what it meant.

"What have you done?" he cried. "You have let the bellows rest! You have spoiled everything!"

"Only a little moment, but one little moment," pleaded Brock, in a panic. "It has done no harm, has it?"

Sindri leaned anxiously over the fire, and out of the flames he drew the third gift—an enormous hammer.

"Oh!" said Brock, much disappointed, "only an old iron hammer! I don't think anything of that. Look how short the handle is, too."