Luedegast was recovered / from all his wounds so sore,
And eke the lord of Saxons / from fight was whole once more.
Some amongst their warriors / left they dead behind.
Then went forth King Gunther / where he Siegfried might find.
Unto the thane then spake he: / "Thy counsel give, I pray.
The foes whom we hold captive / fain would leave straightway,
And long for lasting friendship / with all my men and me.
Now tell me, good Sir Siegfried, / what here seemeth good to thee.
"What the lords bid as ransom, / shall now to thee be told
Whate'er five hundred horses / might bear of ruddy gold,
They'd give to me right gladly, / would I but let them free."
Then spake the noble Siegfried: / "That were to do right foolishly.
"Thou shalt let them freely / journey hence again;
And that they both hereafter / shall evermore refrain
From leading hostile army / against thee and thy land,
Therefor in pledge of friendship / let each now give to thee the hand."
"Thy rede I'll gladly follow." / Straightway forth they went.
To those who offered ransom / the answer then was sent,
Their gold no one desired / which they would give before.
The warriors battle-weary / dear friends did yearn to see once more.