“Splendid!” said Reynard, when the dragon was safely pinned down. “Now everything is as it was before!” Then turning to the knight, he added, “If you, knowing what you know now, care to release him again, you are at liberty to do so, but....” And he winked slyly. There was no need to say more.

“I am really very much obliged to you,” said the knight, as he walked off down the road with Reynard, leaving the dragon still under the stone. “That was a capital idea of yours, and it certainly saved my life. I would like to show my gratitude in some way, and I shall be honoured if you will accept my hospitality for a few days.”

Reynard needed no pressing, but went home with the young man there and then, and thoroughly enjoyed the good fare with which he was provided. Since, however, a fox is always a fox, no matter what company he is in, Master Reynard could not forbear from stealing, and every night he crept into the hen-house and killed one or two chickens. When the knight discovered this he was very angry, and picking up a big stick he gave the fox a good thrashing and drove him forth.

“That is The Reward of the World,” he said to himself, as he watched Reynard disappearing into the distance. But whether he was referring to the way the fox had treated him, or to his own treatment of the fox, I cannot say.