And by and by the great round moon arose in the east, and the fearful sounds that had made the forest hideous began to die away; and Siegfried saw, far down the path, a red light feebly gleaming. And he was glad, for he knew that it must come from the charcoal-burners’ pits. Soon he came out upon a broad, cleared space; and the charcoal-burners’ fires blazed bright before him; and some workmen, swarthy and soot-begrimed, came forwards to meet him.

“Who are you?” they asked; “and why do you come through the forest at this late hour?”

“I am Siegfried,” answered the boy; “and I come from Mimer’s smithy. I seek Regin, the king of charcoal-burners; for I must have coal for my master’s smithy.”

“Come with me,” said one of the men: “I will lead you to Regin.”

Siegfried alighted from his cart, and followed the man to a low-roofed hut not far from the burning pits. As they drew near, they heard the sound of a harp, and strange, wild music within; and Siegfried’s heart was stirred with wonder as he listened. The man knocked softly at the door, and the music ceased.

“Who comes to break into Regin’s rest at such a time as this?” said a rough voice within.

“A youth who calls himself Siegfried,” answered the man. “He says that he comes from Mimer’s smithy, and he would see you, my master.”

“Let him come in,” said the voice.

Siegfried passed through the low door, and into the room beyond; and so strange was the sight that met him that he stood for a while in awe, for never in so lowly a dwelling had treasures so rich been seen. Jewels sparkled from the ceiling; rare tapestry covered the walls; and on the floor were heaps of ruddy gold and silver, still unfashioned. And in the midst of all this wealth stood Regin, the king of the forest, the greatest of charcoal-men. And a strange old man he was, wrinkled and gray and beardless; but out of his eyes sharp glances gleamed of a light that was not human, and his heavy brow and broad forehead betokened wisdom and shrewd cunning. And he welcomed Siegfried kindly for Mimer’s sake, and set before him a rich repast of venison, and wild honey, and fresh white bread, and luscious grapes. And, when the meal was finished, the boy would have told his errand, but Regin stopped him.

“Say nothing of your business to-night,” said he; “for the hour is already late, and you are weary. Better lie down, and rest until the morrow; and then we will talk of the matter which has brought you hither.”