Siguna was a kind woman, far too good and kind for Loki. She felt sorry for him now that she saw he was in great fear, and that every living thing had turned against him, and she would have hidden him from the just anger of the Æsir if she could; but the two sons cared little about their father's dread and danger; they spent all their time in quarrelling with each other; and their loud, angry voices, sounding above the waterfall, would speedily have betrayed the hiding-place, even if All-Father's piercing eye had not already discovered it. If only the children would be quiet, Siguna used to say anxiously every day; but Loki said nothing; he was beginning to know by experience that there was that about his children that could never be kept quiet or hidden away.
At last, one day when he was sitting in the middle of his house looking alternately out of all the four doors, and amusing himself as well as he could by making a fishing net, he spied in the distance the whole company of the Æsir approaching his house. The sight of them coming all together—beautiful, and noble, and free—pierced Loki with a pang that was worse than death. He rose without daring to look again, threw his net on a fire that burned on the floor, and, rushing to the side of the little river, he turned himself into a salmon, swam down to the deepest, stillest pool at the bottom, and hid himself between two stones. The Æsir entered the house, and looked all round in vain for Loki, till Kvasir, one of Odin's sons, famous for his keen sight, spied out the remains of the fishing-net in the fire; then Odin knew at once that there was a river near, and that it was there where Loki had hidden himself. He ordered his sons to make a fresh net, and to cast it into the water, and drag out whatever living thing they could find there. It was done as he desired. Thor held one end of the net, and all the rest of the Æsir drew the other through the water. When they pulled it up the first time, however, it was empty, and they would have gone away disappointed, had not Kvasir, looking earnestly at the meshes of the net, discovered that something living had certainly touched them. They then added a weight to the net, and threw it with such force that it reached the bottom of the river, and dragged up the stones in the pool.
Loki now saw the danger he was in of being caught in the net, and, as there was no other way of escape, he rose to the surface, swam down the river as quickly as he could, and leaped over the net into the waterfall. He swam and leaped quickly as a flash of lightning, but not so quickly but that the Æsir saw him, knew him through his disguise, and resolved that he should no longer escape them. They divided into two bands. Thor waded down the river to the waterfall; the other Æsir stood in a group below. Loki swam backwards and forwards between them. Now he thought he would dart out into the sea, and now that he would spring over the net back again into the river. This last seemed the readiest way of escape, and, with the greatest speed, he attempted it. Thor, however, was watching for him, and, as soon as Loki leaped out of the water, he stretched out his hand, and caught him while he was yet turning in the air. Loki wriggled his slippery, slimy length through Thor's fingers; but the Thunderer grasped him tightly by the tail, and, holding him in this manner in his hand, waded to the shore. There Father Odin and the other Æsir met him; and, at Odin's first searching look, Loki was obliged to drop his disguise, and, cowering and frightened, to stand in his proper shape before the assembled Lords. One by one they turned their faces from him; for, in looking at him, they seemed to see over again the death of Baldur the Beloved.
I told you that there were high rocks looking over the sea not far from Loki's house. One of these, higher than the rest, had midway four projecting stones, and to these the Æsir resolved to bind Loki in such a manner that he should never again be able to torment the inhabitants of Manheim or Asgard by his evil-doings. Thor proposed to return to Asgard, to bring a chain with which to bind the prisoner; but Odin assured him that he had no need to take such a journey, "Loki," he said, "has already forged for himself a chain stronger than any you can make. While we have been occupied in catching him, his two sons, Ali and Nari, transformed into wolves by their evil passions, have fought with, and destroyed, each other. With their sinews we must make a chain to bind their father, and from that he can never escape."
It was done as Asa Odin said. A rope was made of the dead wolves' sinews, and, as soon as it touched Loki's body, it turned into bands of iron, and bound him immoveably to the rock. Secured in this manner the Æsir left him.
But his punishment did not end here. A snake, whose fangs dropped venom, glided to the top of the rock, and leaned his head over to peer at Loki. The eyes of the two met and fixed each other. The serpent could never move away afterwards; but every moment a burning drop from his tongue fell down on Loki's shuddering face.
The Punishment of Loki.
In all the world there was only one who pitied him. His kind wife ever afterwards stood beside him, and held a cup over his head to catch the poison. When the cup was full, she was obliged to turn away to empty it, and drops of poison fell again on Loki's face. He shuddered and shrank from it, and the whole earth trembled. So will he lie bound till Ragnarök be come.