"You, Thor, were deceived in all the contests. After you had taken the drinking horn in your hands we were all affrighted to see how much you were able to gulp down. For the end of that horn was in the sea, and Ægir, who is here, can tell you that after you had drunk from it, the level of the sea went down.

"The cat whom you strove to lift was Nidhögg, the dragon that gnaws at the roots of Ygdrassil, the Tree of Trees. Truly we were terrified when we saw that you made Nidhögg budge. When you made the back of the cat reach the roof of our palace we said to ourselves, 'Thor is the mightiest of all the beings we have known.'

"Lastly you strove with the hag Ellie. Her strength seemed marvelous to you, and you thought yourself disgraced because you could not throw her. But know, Thor, that Ellie whom you wrestled with was Old Age herself. We were terrified again to see that she who can overthrow all was not able to force you prone upon the ground."

So Skyrmir spoke and then left the hall. And once more the Æsir and the Vanir stood up and cheered for Thor, the strongest of all who guarded Asgard.


THE DWARF'S HOARD, AND
THE CURSE THAT IT BROUGHT

Now old Ægir's feast was over and all the Æsir and the Vanir made ready for their return to Asgard. Two only went on another way—Odin, the Eldest of the Gods, and Loki the Mischievous.

Loki and Odin laid aside all that they had kept of the divine power and the divine strength. They were going into the World of Men, and they would be as men merely. Together they went through Midgard, mingling with men of all sorts, kings and farmers, outlaws and true men, warriors and householders, thralls and councillors, courteous men and men who were ill-mannered. One day they came to the bank of a mighty river and there they rested, listening to the beat of iron upon iron in a place near by.