And that man-folk’s generation, all their life-days had he weighed.”

Under this tutor young Sigurd grew up to great wisdom. He mastered the smith craft, and the art of carving all manner of runes, learned languages, music, and eloquence, and, last but not least, became a doughty warrior whom none could subdue. By Regin’s advice, Sigurd, having reached manhood, asked the king for a war horse—a request which was immediately granted, for he was bidden hasten to Gripir, the stud-keeper, and choose from his flock the steed he liked best.

On his way to the meadow where the horses were at pasture, Sigurd encountered a one-eyed stranger, clad in gray and blue, who bade him drive the horses into the river and select the one which could breast the foaming tide most successfully.

Sigurd, acting according to this advice, noticed that one horse, after crossing, raced around the meadow on the opposite side; then, plunging back into the river, he returned to his former pasture without showing any signs of fatigue. The young hero selected this horse, therefore, calling him Grane or Greyfell. This steed was a descendant of Odin’s eight-footed horse Sleipnir, and, besides being unusually strong and indefatigable, was as fearless as his master. A short time after this, while Regin and his pupil were sitting over the fire, the former struck his harp, and, after the manner of the Northern scalds, sang or recited the following tale, which was the story of his life:

The treasure of the dwarf king.

Hreidmar, king of the dwarf folk, was the father of three sons. Fafnir, the eldest, was gifted with a fearless soul and a powerful hand; Otter, the second, with snare and net, and the power of changing form at will; and Regin, the third, could, as we have already seen, command all knowledge and skillfully ply the trade of a smith. To please the avaricious old Hreidmar, this youngest son fashioned for him a house which was all lined with glittering gold and flashing gems, and guarded by Fafnir, whose fierce glances and Ægis helmet none dared encounter.

Now it came to pass that Odin, Hoenir, and Loki once came down upon earth in human guise for one of their wonted expeditions to test the hearts of men, and soon reached the land where Hreidmar dwelt.

“And the three were the heart-wise Odin, the Father of the Slain,

And Loki, the World’s Begrudger, who maketh all labor vain,

And Hönir, the Utter-Blameless, who wrought the hope of man,