There was Father Odin, with his golden helmet, and Queen Frigga, wearing her crown of stars, golden-haired Sif, Freyja, with Brisingamen, the wonderful necklace, and all the noble company of the Æsir, all except mighty Thor, who had gone far away to the giant-land.
As they all sat in Ægir’s beautiful ocean hall, drinking the sweet mead, and talking together, Loki came in and stood before them; but, finding he was not welcome, and no seat saved for him, he began saying ugly things to make them all angry, and at last he grew angry himself, and slew Ægir’s servant because they praised him. The Æsir drove him out from the hall, but once more he came in, and said such dreadful things that at last Frigga said, “Oh, if my son Baldur were only here, he would silence thy wicked tongue!”
Then Loki turned to Frigga, and told her that he himself was the very one who had slain Baldur. He had no sooner spoken than a heavy peal of thunder shook the hall, and angry Thor strode in, waving his magic hammer. Seeing this, the coward Loki turned and fled, and Asgard was rid of him forever.
When Loki was driven out by the mighty Thor from Ægir’s palace-hall he knew that he could never again be allowed to come among the gods in Asgard. Many times had this mischievous fire-god brought trouble and sorrow to the Æsir, but now he had done the most cruel deed of all, he had slain Baldur the Good, and had driven all light and joy from Asgard.
Far away he fled, among the mountains, hoping that no one would find him there; and near a lovely mountain stream he built for himself a hut with four doors looking north, east, south, and west, so that if the wise Allfather, on his high air throne in Asgard, should see him, and send messengers to punish him, the watchful Loki could see them coming and escape by the opposite door.
He spent most of the days and nights thinking how he could get away from the Æsir. “If I ran to the stream and turned myself into a fish,” he thought, “I wonder if they could catch me. I could keep out of the way of a hook; but then there are nets; Ægir’s wife has a wonderful thing like a net, for catching fish, and that would be far worse than a hook!”
When Loki thought of the net, he began to wonder how it was made, and the more he thought, the more he wished he could make one so as to see how a fish could keep from getting caught in it. He sat down by the fire in his little hut, took a piece of cord and began to make a fish-net. He had nearly finished it when, looking up through the open door, he saw three of the Æsir in the distance, coming toward his hut. Loki well knew that they were coming to catch him, and, quickly throwing his net into the fire, he ran to the stream, changed himself into a beautiful spotted salmon, and leaped into the water.
A moment later the three gods entered the hut, and one of them spied the fish-net burning in the fire. “See!” cried he, “Loki must have been making this net to catch fish; he always was a good fisherman, and now this is just what we want for catching him!”