"There did the great Guile-master his toils and his tangles set,
And as wide as was the water, so wide was woven the net;
And as dim as the Elf's remembrance did the meshes of it show;
And he had no thought of sorrow, nor spared to come and go
On his errands of griping and getting till he felt himself tangled and caught:
Then back to his blinded soul was his ancient wisdom brought,
And he saw his fall and his ruin, as a man by the lightning's flame
Sees the garth all flooded by foemen; and again he remembered his name;
And e'en as a book well written the tale of the Gods he knew,
And the tale of the making of men, and much of the deeds they should do.
"Then Andvari groaned and answered: 'I know what thou wouldst have,
The wealth mine own hands gathered, the gold that no man gave.'
"'Come forth,' said Loki, 'and give it, and dwell in peace henceforth—
Or die in the toils if thou listeth, if thy life be nothing worth.'
"Full sore the Elf lamented, but he came before the God,
And the twain went into the rock-house and on fine gold they trod,
And the walls shone bright, and brighter than the sun of the upper air.
How great was that treasure of treasures: and the Helm of Dread was there;
The world but in dreams had seen it; and there was the hauberk of gold;
None other is in the heavens, nor has earth of its fellow told.
"Then Loki bade the Elf-king bring all to the upper day,
And he dight himself with his Godhead to bear the treasure away:
So there in the dim grey desert before the God of Guile,
Great heaps of the hid-world's treasure the weary Elf must pile,
And Loki looked on laughing: but, when it all was done,
And the Elf was hurrying homeward, his finger gleamed in the sun:
Then Loki cried: 'Thou art guileful: thou hast not learned the tale
Of the wisdom that Gods hath gotten and their might of all avail.
"'Come hither again to thy master, and give the ring to me;
For meseems it is Loki's portion, and the Bale of Men shall it be.'
"Then the Elf drew off the gold-ring and stood with empty hand
E'en where the flood fell over 'twixt the water and the land,
And he gazed on the great Guile-master, and huge and grim he grew;
And his anguish swelled within him, and the word of the Norns he knew;
How that gold was the seed of gold to the wise and the shapers of things,
The hoarders of hidden treasure, and the unseen glory of rings;
But the seed of woe to the world and the foolish wasters of men,
And grief to the generations that die and spring again:
Then he cried:
'There farest thou Loki, and might I load thee worse
Than with what thine ill heart beareth, then shouldst thou bear my curse:
But for men a curse thou bearest: entangled in my gold,
Amid my woe abideth another woe untold.
Two brethren and a father, eight kings my grief shall slay;
And the hearts of queens shall be broken, and their eyes shall loathe the day.'