Red Loki was a mischievous, sly fellow, full of wiles and deceit, and always quick to suggest a way out of a difficulty. On this occasion his plan was to allow the man to build the fortress, and to promise him the terms demanded, but subject to the condition that he fulfilled his task in a way that would be impossible for him fully to carry out.

His eloquence persuaded the Asas, and next day, when the Builder returned for their decision, Loki, as their spokesman, called to the mighty fellow as he crossed the bridge:

"Good man, we cannot wait for three half years for the completion of our fortress. But if you will undertake to do the work in the course of one winter, without any assistance, you shall have Freya, and the sun and moon to boot. If, however, on the first day of summer, one stone is missing from its place, the fortress will be ours without any payment whatever, since you will have broken your plighted word."

At this the Master Builder did not look well pleased. He pulled his great beard and eyed the speaker doubtfully, muttering that the time was too short for so great a task; but when Loki pretended to turn away, as though the matter were ended, he called after him:

"Well, have it so—the fortress shall be built in the time you set. But you must at least let me have the help of my good horse Svadilfare to carry stone."

When they heard this request the Asas demurred, saying: "He means to play us some trick."

But Loki persuaded them to make this trifling concession.

"For," said he, "of what use can a horse be in building a fortress? He will never be able to finish the place in time, and we shall get our fort for nothing. At least you can let him have his great clumsy horse for any use that he may be."

So the Asas agreed, and went their different ways, leaving the Master Builder to his work.

The winter months passed on, and while the Asas busied themselves with their various occupations and amusements, the Master Builder was toiling with might and main. But he could have done little in the time if he had not had the help of his wonderful horse Svadilfare, who not only dragged huge blocks of stone to the spot, but raised them into position with his strong forefeet. And this was done with such speed that, some days before the end of winter, the fortress was finished, with the exception of three blocks of stone which were to form one of the gateways.