Then the Prince wept bitter tears over his dead companion. After awhile he arose and took the dagger to strip off the hide as he had promised; but there was no need of cutting, for no sooner did he catch hold of the hide than it came off like a loose glove from the hand within it, and the hide was as soft and fine as though it had been tanned by the king of tanners.

Conn-eda got into the hide, and then he did not stay nor tarry but hastened away to the castle, as the steed had bidden him, and in through the golden gateway.

There within was a great hall with many people moving about in it, and warders at the door, but no one spoke to him nor stayed him. In the center of the hall was the leaping silver fountain of which the steed had told him, and to this the Prince hastened and he filled his cup with its water, and then back he ran the way he had come, to where the steed was lying.

But swift as had been his going and coming, he was only just in time, for already the birds of prey were gathering, and he had to fight them with his sword before he could drive them away.

Then he sprinkled the water from the cup upon the body of the steed, and no sooner had he done this than a strange thing happened, for at once the steed was gone, and there in its place stood a young and handsome prince, and he was so tall and so noble in his air that Conn-eda had never seen the like of him.

The young man came over to Conn-eda and took him in his arms, and his face was streaming with tears, but they were tears of joy.

“Conn-eda,” said he, “you have saved me from a hard and cruel fate, and little did I think I would ever come back into my own shape again and live as other men do. I am own brother to the Water King, and it was because of a cruel enchantment that I was obliged to go about in the shape of a shaggy little black horse.

“The enchantment held me fast, and only if one would ride me back to the castle and through true love would slay me and sprinkle me with water from the fountain, could the spell be broken.

“This you have done for me, Conn-eda, and never will I forget what I owe you. And now come with me back to the castle of my brother, that he may make you welcome.”

So Conn-eda and his companion went back to the castle, and there the joy was so great that it was beyond all telling, because the enchantment had been broken, and the young Prince had come back to his own again.