Then he saw what looked like rusty flakes of iron in rows right over the whole mountain side, exactly resembling the slit of his own drawer.

He had now got the ring on his finger, and must needs try if it would open the other slits also. And out he drew drawer after drawer full of gold bracelets and silver bracelets, glass pearls, brooches and rings, bracelets and laced caps, yarn, night-caps and woollen drawers, coffee, sugar, groats, tobacco pipes, buttons, hooks and eyes, knives, axes, and scythes.

He drew out drawer after drawer; there was no end to the display they made.

But all round about him he heard, as it were, the humming of a crowd and the tramp of sea-boots. There was a hubbub, as if they were rolling hogsheads over a bridge and hoisting sails against the wind, and out from the sea sounded the stroke of oars and the bumping of boats putting ashore.

Then he began to have an inkling that he had laid to his boat at a mooring-ring belonging to the underground folk, and had lit right upon their landing-place where they deposited their wares.

He stood there looking into a drawer of meerschaum pipes. They were finer than any he had thought it possible to find in the whole world.

Then he felt, as it were, the blow of a heavy hand which tried to thrust him aside; but, at the same time, some one laughed so merrily close by. The same instant he saw a young woman in the fore-part of his boat. She was leaning, with broad shoulders and hairy arms, over a meal-sack. Her eyes laughed and shot forth sparks as from a smithy in the dark, but her face was oddly pale.

Then she vanished altogether like a vision.

He was glad when he got down into his boat again, and pushed off and rode away.

But when he got out into the sound, and slackened speed a bit, he perceived that the ring still sat upon his finger.