And one was singing the ancient rune
Of Brynhilda's love and the wrath of Gudrun.

And through it, and round it, and over it all
Sounded incessant the waterfall.

The Queen in her hand held a ring of gold,
From the door of Ladé's Temple old.

King Olaf had sent her this wedding gift,
But her thoughts as arrows were keen and swift.

She had given the ring to her goldsmiths twain,
Who smiled, as they handed it back again.

And Sigrid the Queen, in her haughty way,
Said, "Why do you smile, my goldsmiths, say?"

And they answered: "O Queen! if the truth must be told,
The ring is of copper, and not of gold!"

The lightning flashed o'er her forehead and cheek,
She only murmured, she did not speak:

"If in his gifts he can faithless be,
There will be no gold in his love to me."

A footstep was heard on the outer stair,
And in strode King Olaf with royal air.