"But I looked on Fafnir and trembled for he wore the Helm of Dread,
And his sword was bare in his hand, and the sword and the hand were red
With the blood of our father Reidmar, and his body was wrapped in gold,
With the ruddy-gleaming mailcoat of whose fellow hath nought been told,
And it seemed as I looked upon him that he grew beneath mine eyes:
And then in the mid-hall's silence did his dreadful voice arise:

"'I have slain my father Reidmar, that I alone might keep
The Gold of the darksome places, the Candle of the Deep.
I am such as the Gods have made me, lest the Dwarf-kind people the earth,
Or mingle their ancient wisdom with its short-lived latest birth.
I shall dwell alone henceforward, and the Gold and its waxing curse,
I shall brood on them both together, let my life grow better or worse.
And I am a King henceforward and long shall be my life,
And the Gold shall grow with my longing, for I shall hide it from strife,
And hoard up the Ring of Andvari in the house thine hand hath built.
O thou, wilt thou tarry and tarry, till I cast thy blood on the guilt?
Lo, I am a King for ever, and alone on the Gold shall I dwell
And do no deed to repent of and leave no tale to tell.'

"More awful grew his visage as he spake the word of dread,
And no more durst I behold him, but with heart a-cold I fled;
I fled from the glorious house my hands had made so fair,
As poor as the new-born baby with nought of raiment or gear:
I fled from the heaps of gold, and my goods were the eager will,
And the heart that remembereth all, and the hand that may never be still.

"Then unto this land I came, and that was long ago
As men-folk count the years; and I taught them to reap and to sow,
And a famous man I became: but that generation died,
And they said that Frey had taught them, and a God my name did hide.
Then I taught them the craft of metals, and the sailing of the sea,
And the taming of the horse-kind, and the yoke-beasts' husbandry,
And the building up of houses; and that race of men went by,
And they said that Thor had taught them; and a smithying-carle was I.
Then I gave their maidens the needle and I bade them hold the rock,
And the shuttle-race gaped for them as they sat at the weaving-stock.
But by then these were waxen crones to sit dim-eyed by the door,
It was Freyia had come among them to teach the weaving-lore.
Then I taught them the tales of old, and fair songs fashioned and true,
And their speech grew into music of measured time and due,
And they smote the harp to my bidding, and the land grew soft and sweet:
But ere the grass of their grave-mounds rose up above my feet,
It was Bragi had made them sweet-mouthed, and I was the wandering scald;
Yet green did my cunning flourish by whatso name I was called,
And I grew the master of masters—Think thou how strange it is
That the sword in the hands of a stripling shall one day end all this!

"Yet oft mid all my wisdom did I long for my brother's part,
And Fafnir's mighty kingship weighed heavy on my heart
When the Kings of the earthly kingdoms would give me golden gifts
From out of their scanty treasures, due pay for my cunning shifts.
And once—didst thou number the years thou wouldst think it long ago—
I wandered away to the country from whence our stem did grow.
There methought the fells grown greater, but waste did the meadows lie,
And the house was rent and ragged and open to the sky.
But lo, when I came to the doorway, great silence brooded there,
Nor bat nor owl would haunt it, nor the wood-wolves drew anear.
Then I went to the pillared hall-stead, and lo, huge heaps of gold,
And to and fro amidst them a mighty Serpent rolled:
Then my heart grew chill with terror, for I thought on the wont of our race,
And I, who had lost their cunning, was a man in a deadly place,
A feeble man and a swordless in the lone destroyer's fold;
For I knew that the Worm was Fafnir, the Wallower on the Gold.

"So I gathered my strength and fled, and hid my shame again
Mid the foolish sons of men-folk; and the more my hope was vain,
The more I longed for the Treasure, and deliv'rance from the yoke:
And yet passed the generations, and I dwelt with the short-lived folk.

"Long years, and long years after, the tale of men-folk told
How up on the Glittering Heath was the house and the dwelling of gold,
And within that house was the Serpent, and the Lord of the Fearful Face:
Then I wondered sore of the desert; for I thought of the golden place
My hands of old had builded; for I knew by many a sign
That the Fearful Face was my brother, that the blood of the Worm was mine.
This was ages long ago, and yet in that desert he dwells,
Betwixt him and men death lieth, and no man of his semblance tells;
But the tale of the great Gold-wallower is never the more outworn.
Then came thy kin, O Sigurd, and thy father's father was born,
And I fell to the dreaming of dreams, and I saw thine eyes therein,
And I looked and beheld thy glory and all that thy sword should win;
And I thought that thou shouldst be he, who should bring my heart its rest,
That of all the gifts of the Kings thy sword should give me the best.

"Ah, I fell to the dreaming of dreams; and oft the gold I saw,
And the golden-fashioned Hauberk, clean-wrought without a flaw,
And the Helm that aweth the world; and I knew of Fafnir's heart
That his wisdom was greater than mine, because he had held him apart,
Nor spilt on the sons of men-folk our knowledge of ancient days,
Nor bartered one whit for their love, nor craved for the people's praise.

"And some day I shall have it all, his gold and his craft and his heart
And the gathered and garnered wisdom he guards in the mountains apart
And then when my hand is upon it, my hand shall be as the spring
To thaw his winter away and the fruitful tide to bring.
It shall grow, it shall grow into summer, and I shall be he that wrought,
And my deeds shall be remembered, and my name that once was nought;
Yea I shall be Frey, and Thor, and Freyia, and Bragi in one:
Yea the God of all that is,—and no deed in the wide world done,
But the deed that my heart would fashion: and the songs of the freed from the yoke
Shall bear to my house in the heavens the love and the longing of folk.
And there shall be no more dying, and the sea shall be as the land,
And the world for ever and ever shall be young beneath my hand."

Then his eyelids fell, and he slumbered, and it seemed as Sigurd gazed
That the flames leapt up in the stithy and about the Master blazed,
And his hand in the harp-strings wandered and the sweetness from them poured.
Then unto his feet leapt Sigurd and drew his stripling's sword,
And he cried: "Awake, O Master, for, lo, the day goes by,
And this too is an ancient story, that the sons of men-folk die,
And all save fame departeth. Awake! for the day grows late,
And deeds by the door are passing, nor the Norns will have them wait."