At Neidhöhle
A huge dragon lay,
Who guarded the Nibelung's gold.
He was slain,
And his horrid jaws closed
By Siegfried's invincible sword.
From this colossal deed
The fame of the hero dawned.
GUNTHER [Thoughtfully.
They say that a priceless treasure
The Niblungs had in their hoard.
HAGEN
The man who could use its spell
Were lord of the world evermore.
GUNTHER
And Siegfried won it in fight?
HAGEN
He has the Niblungs in thrall.
GUNTHER