And he dealt with the wind and the weather and the stilling of the sea;
Nor might any learn him leech-craft, for before that race was made,
And that man-folk’s generation, all their life-days had he weighed.”
Under this tutor Sigurd grew daily in wisdom until few could surpass him. He mastered the smith’s craft, and the art of carving all manner of runes; he learned languages, music, and eloquence; and, last but not least, he became a doughty warrior whom none could subdue. When he had reached manhood Regin prompted him to ask the king for a war-horse, a request which was immediately granted, and Gripir, the stud-keeper, was bidden to allow him to choose from the royal stables the steed which he most fancied.
On his way to the meadow where the horses were at pasture, Sigurd met a one-eyed stranger, clad in grey and blue, who accosted the young man and bade him drive the horses into the river and select the one which could breast the tide with least difficulty.
Sigurd received the advice gladly, and upon reaching the meadow he drove the horses into the stream which flowed on one side. One of the number, after crossing, raced round the opposite meadow; and, plunging again into the river, returned to his former pasture without showing any signs of fatigue. Sigurd therefore did not hesitate to select this horse, and he gave him the name of Grane or Greyfell. The steed was a descendant of Odin’s eight-footed horse Sleipnir, and besides being unusually strong and indefatigable, was as fearless as his master.
One winter day while Regin and his pupil were sitting by the fire, the old man struck his harp, and, after the manner of the Northern scalds, sang or recited in the following tale, 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 arm; Otter, the second, with snare and net, and the power of changing his form at will; and Regin, the youngest, with all wisdom and deftness of hand. To please the avaricious Hreidmar, this youngest son fashioned for him a house lined with glittering gold and flashing gems, and this was guarded by Fafnir, whose fierce glances and Ægis helmet none dared encounter.
Now it came to pass that Odin, Hoenir, and Loki once came in human guise, upon one of their wonted expeditions to test the hearts of men, unto the land where Hreidmar dwelt.