Ragnar, entering Denmark, captured Ubbe, had him brought before him, and pardoned him, preferring to visit his ill deserts with grace rather than chastisement; because the man seemed to have aimed at the crown rather at his wife's instance than of his own ambition, and to have been the imitator and not the cause of the wrong. But he took Ulfhild away from him and forced her to wed his friend Scot, the same man that founded the Scottish name; esteeming change of wedlock a punishment for her. As she went away he even escorted her in the royal chariot, requiting evil with good; for he regarded the kinship of his sister rather than her disposition, and took more thought for his own good name than of her iniquity. But the fair deeds of her brother did not make her obstinate and wonted hatred slacken a whit; she wore the spirit of her new husband with her design of slaying Frode and mastering the sovereignty of the Danes. For whatsoever design the mind has resolutely conceived, it is slow to quit; nor is a sin that is long schemed swept away by the stream of years. For the temper of later life follows the mind of childhood; nor do the traces easily fade of vices which have been stamped upon the character in the impressible age. Finding the ears of her husband deaf, she diverted her treachery from her brother against her lord, hiring bravoes to cut his throat while he slept. Scot was told about this by a waiting-woman, and retired to bed in his cuirass on the night on which he had heard the deed of murder was to be wrought upon him. Ulfhild asked him why he had exchanged his wonted ways to wear the garb of steel; he rejoined that such was just then his fancy. The agents of the treachery, when they imagined him in a deep sleep, burst in; but he slipped from his bed and cut them down. The result was, that he prevented Ulfhild from weaving plots against her brother, and also left a warning to others to beware of treachery from their wives.

Meantime the design occurred to Frode of a campaign against Friesland; he was desirous to dazzle the eyes of the West with the glory he had won in conquering the East. He put out to ocean, and his first contest was with Witthe, a rover of the Frisians; and in this battle he bade his crews patiently bear the first brunt of the enemy's charge by merely opposing their shields, ordering that they should not use their missiles before they perceived that the shower of the enemy's spears was utterly silent. This the Frisians hurled as vehemently as the Danes received it impassively; for Witthe supposed that the long-suffering of Frode was due to a wish for peace. High rose the blast of the trumpet, and loud whizzed the javelins everywhere, till at last the heedless Frisians had not a single lance remaining, and they were conquered, overwhelmed by the missiles of the Danes. They fled hugging the shore, and were cut to pieces amid the circuitous windings of the canals. Then Frode explored the Rhine in his fleet, and laid hands on the farthest parts of Germany. Then he went back to the ocean, and attacked the Frisian fleet, which had struck on shoals; and thus he crowned shipwreck with slaughter. Nor was he content with the destruction of so great an army of his foes, but assailed Britain, defeated its king, and attacked Melbrik, the Governor of the Scottish district. Just as he was preparing to fight him, he heard from a scout that the King of the Britons was at hand, and could not look to his front and his rear both at once. So he assembled the soldiers, and ordered that they should abandon their chariots, fling away all their goods, and scatter everywhere over the fields the gold which they had about them; for he declared that their one chance was to squander their treasure; and that, now they were hemmed in, their only remaining help was to tempt the enemy from combat to covetousness. They ought cheerfully to spend on so extreme a need the spoil they had gotten among foreigners; for the enemy would drop it as eagerly, when it was once gathered, as they would snatch it when they first found it; for it would be to them more burden than profit.

Then Thorkill, who was a more notable miser and a better orator than them all, dishelming and leaning on his shield, said:

"O King! Most of us who rate high what we have bought with our life-blood find thy bidding hard. We take it ill that we should fling away what we have won with utmost hazard; and men are loth to forsake what they have purchased at peril of their lives. For it is utter madness to spurn away like women what our manly hearts and hands have earned, and enrich the enemy beyond their hopes. What is more odious than to anticipate the fortune of war by despising the booty which is ours, and, in terror of an evil that may never come, to quit a good which is present and assured? Shall we scatter our gold upon the earth, ere we have set eyes upon the Scots? Those who faint at the thought of warring when they are out for war, what manner of men are they to be thought in the battle? Shall we be a derision to our foes, we who were their terror? Shall we take scorn instead of glory? The Briton will marvel that he was conquered by men whom he sees fear is enough to conquer. We struck them before with panic; shall we be panic-stricken by them? We scorned them when before us; shall we dread them when they are not here? When will our bravery win the treasure which our cowardice rejects? Shall we shirk the fight, in scorn of the money which we fought to win, and enrich those whom we should rightly have impoverished? What deed more despicable can we do than to squander gold on those whom we should smite with steel? Panic must never rob us of the spoils of valour; and only war must make us quit what in warfare we have won. Let us sell our plunder at the price at which we bought it; let the purchase-money be weighed out in steel. It is better to die a noble death, than to molder away too much in love with the light life. In a fleeting instant of time life forsakes us, but shame pursues us past the grave. Further, if we cast away this gold, the greater the enemy thinks our fear, the hotter will be his chase. Besides, whichever the issue of the day, the gold is not hateful to us. Conquerors, we shall triumph in the treasure which now we bear; conquered, we shall leave it to pay our burying."

So spoke the old man; but the soldiers regarded the advice of their king rather than of their comrade, and thought more of the former than of the latter counsel. So each of them eagerly drew his wealth, whatever he had, from his pouch; they unloaded their ponies of the various goods they were carrying; and having thus cleared their money-bags, girded on their arms more deftly. They went on, and the Britons came up, but broke away after the plunder which lay spread out before them. Their king, when he beheld them too greedily busied with scrambling for the treasure, bade them "take heed not to weary with a load of riches those hands which were meant for battle, since they ought to know that a victory must be culled ere it is counted. Therefore let them scorn the gold and give chase to the possessors of the gold; let them admire the lustre, not of lucre, but of conquest; remembering, that a trophy gave more reward than gain. Courage was worth more than dross, if they measured aright the quality of both; for the one furnished outward adorning, but the other enhanced both outward and inward grace. Therefore they must keep their eyes far from the sight of money, and their soul from covetousness, and devote it to the pursuits of war. Further, they should know that the plunder had been abandoned by the enemy of set purpose, and that the gold had been scattered rather to betray them than to profit them. Moreover, the honest lustre of the silver was only a bait on the barb of secret guile. It was not thought to be that they, who had first forced the Britons to fly, would lightly fly themselves. Besides, nothing was more shameful than riches which betrayed into captivity the plunderer whom they were supposed to enrich. For the Danes thought that the men to whom they pretended to have offered riches ought to be punished with sword and slaughter. Let them therefore feel that they were only giving the enemy a weapon if they seized what he had scattered. For if they were caught by the look of the treasure that had been exposed, they must lose, not only that, but any of their own money that might remain. What could it profit them to gather what they must straightway disgorge? But if they refuse to abase themselves before money, they would doubtless abase the foe. Thus it was better for them to stand erect in valour than be grovelling in greed; with their souls not sinking into covetousness, but up and doing for renown. In the battle they would have to use not gold but swords."

As the king ended, a British knight, shewing them all his lapful of gold, said:

"O King! From thy speech can be gathered two feelings; and one of them witnesses to thy cowardice and the other to thy ill will: inasmuch as thou forbiddest us the use of the wealth because of the enemy, and also thinkest it better that we should serve thee needy than rich. What is more odious than such a wish? What more senseless than such a counsel? We recognise these as the treasures of our own homes, and having done so, shall we falter to pick them up? We were on our way to regain them by fighting, we were zealous to win them back by our blood: shall we shun them when they are restored unasked? Shall we hesitate to claim our own? Which is the greater coward, he who squanders his winnings, or he who is fearful to pick up what is squandered? Look how chance has restored what compulsion took! These are, not spoils from the enemy, but from ourselves; the Dane took gold from Britain, he brought none. Beaten and loth we lost it; it comes back for nothing, and shall we run away from it? Such a gift of fortune it were a shame to take in an unworthy spirit. For what were madder than to spurn wealth that is set openly before us, and to desire it when it is shut up and kept from us? Shall we squeamishly yield what is set under our eyes, and clutch at it when it vanishes? Shall we seek distant and foreign treasure, refraining from what is made public property? If we disown what is ours, when shall we despoil the goods of others? No anger of heaven can I experience which can force me to unload of its lawful burden the lap which is filled with my father's and my grandsire's gold. I know the wantonness of the Danes: never would they have left jars full of wine had not fear forced them to flee. They would rather have sacrificed their life than their liquor. This passion we share with them, and herein we are like them. Grant that their flight is feigned; yet they will light upon the Scots ere they can come back. This gold shall never rust in the country, to be trodden underfoot of swine or brutes: it will better serve the use of men. Besides, if we plunder the spoil of the army that prevailed over us, we transfer the luck of the conqueror to ourselves. For what surer omen of triumph could be got, than to bear off the booty before the battle, and to capture ere the fray the camp which the enemy have forsaken? Better conquer by fear than by steel."

The knight had scarce ended, when behold; the hands of all were loosed upon the booty and everywhere plucked up the shining treasure. There you might have marvelled at their disposition of filthy greed, and watched a portentous spectacle of avarice. You could have seen gold and grass clutched up together; the birth of domestic discord; fellow-countrymen in deadly combat, heedless of the foe; neglect of the bonds of comradeship and of reverence for ties; greed the object of all minds, and friendship of none.

Meantime Frode traversed in a great march the forest which separates Scotland and Britain, and bade his soldiers arm. When the Scots beheld his line, and saw that they had only a supply of light javelins, while the Danes were furnished with a more excellent style of armour, they forestalled the battle by flight. Frode pursued them but a little way, fearing a sally of the British, and on returning met Scot, the husband of Ulfhild, with a great army; he had been brought from the utmost ends of Scotland by the desire of aiding the Danes. Scot entreated him to abandon the pursuit of the Scottish and turn back into Britain. So he eagerly regained the plunder which he had cunningly sacrificed; and got back his wealth with the greater ease, that he had so tranquilly let it go. Then did the British repent of their burden and pay for their covetousness with their blood. They were sorry to have clutched at greed with insatiate arms, and ashamed to have hearkened to their own avarice rather than to the counsel of their king.

Then Frode attacked London, the most populous city of Britain; but the strength of its walls gave him no chance of capturing it. Therefore he reigned to be dead, and his guile strengthened him. For Daleman, the governor of London, on hearing the false news of his death, accepted the surrender of the Danes, offered them a native general, and suffered them to enter the town, that they might choose him out of a great throng. They feigned to be making a careful choice, but beset Daleman in a night surprise and slew him.