Thorer, a son of Olver of Eggja, a stepson of Kalf Arnason, and a sister's son of Thorer Hund, was a remarkably handsome man, stout and strong. He was at this time eighteen years old; had made a good marriage in Hedemark, by which he got great wealth; and was besides one of the most popular of men, and formed to be a chief. He invited the king and his retinue home to him to a feast. The king accepted the invitation, went to Thorer's, and was well received. The entertainment was very splendid; they were excellently treated, and all that was set before the guests was of the best that could be got. The king and his people talked among themselves of the excellence of everything, and knew not what they should admire the most,—whether Thorer's house outside, or the inside furniture, the table service, or the liquors, or the host who gave them such a feast. But Dag said little about it. The king used often to speak to Dag, and ask him about various things; and he had proved the truth of all that Dag had said, both of things that had happened or were to happen, and therefore the king had much confidence in what he said. The king called Dag to him to have a private conversation together, and spoke to him about many things. Afterwards the king turned the conversation on Thorer,—what an excellent man Thorer was, and what a superb feast he had made for them. Dag answered but little to this, but agreed it was true what the king said. The king then asked Dag what disposition or faith he found in Thorer. Dag replied that he must certainly consider Thorer of a good disposition, if he be really what most people believe him to be. The king told him to answer direct what he was asked, and said that it was his duty to do so. Dag replies, "Then thou must allow me to determine the punishment if I disclose his faith." The king replied that he would not submit his decision to another man, but again ordered Dag to reply to what he asked.
Dag replies, "The sovereign's order goes before all. I find this disposition in Thorer, as in so many others, that he is too greedy of money."
The king: "Is he then a thief, or a robber?"
"He is neither."
"What is he then?"
"To win money he is a traitor to his sovereign. He has taken money from King Canute the Great for thy head."
The king asks, "What proof hast thou of the truth of this?"
Dag: "He has upon his right arm, above the elbow, a thick gold ring, which King Canute gave him, and which he lets no man see."
This ended their conference, and the king was very wroth. Now as the king sat at table, and the guests had drunk a while with great mirth, and Thorer went round to see the guests well served, the king ordered Thorer to be called to him. He went up before the table, and laid his hands upon it.
The king asked, "How old a man art thou, Thorer?"