Then Frey laughed with joy, saying: "Better sport is it to ride on a golden boar than in a ship."

Lastly Brock drew out the short-handled hammer named Miölnir. And this he gave to Thor, saying: "Most powerful one, here is a hammer whose blows nothing can withstand, not even mountains or Frost Giants; and however far you throw it, this hammer will always return to your hand."

Then Thor jumped from his seat joyfully crying out: "Better than the golden hair of Sif is a weapon against which none of my enemies can stand. Brothers, let us decide this wager forthwith. And for me, I give my vote in favour of the gifts of Brock."

Then the gods and goddesses put their heads together and came to the conclusion that the hammer of Thor was worth all the gifts of Loki twice over; for with it they could be protected against the Frost Giants, who were always their secret dread. So they decided:

"Brock has won the wager. Let Loki lose his head."

Much dismayed, Red Loki offered to pay a huge ransom, but of this Brock would not hear.

Then Loki pretended to give in. "Come and take me then," he cried, but when the dwarf tried to seize him he was already far away, for he wore the shoes with which he could run through the air and over the sea.

And knowing that he could never catch him, Brock was beside himself with rage. Looking round him he saw that, though the others had dispersed, Thor was still playing with his new hammer, smashing a mountain here and a great tree there.

"Mighty Thor," cried the dwarf, "will you do something for me in return for my gift? Bring to me that fellow who has broken his word, that I may slay him forthwith."

With a nod of his great head Thor jumped into his goat chariot, and was soon thundering through the air after wicked Loki. Driving with the speed of lightning he quickly overtook the fugitive, whose plea for help, however, touched him so that he relented and bethought him of a way in which he might save his life.