“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.’
* * * * *
“But Loki laughed in silence, and
swift in Godhead went,
To the golden hall of Reidmar and the
house of our content.
But when that world of treasure was laid
within our hall
’Twas as if the sun were minded
to live ’twixt wall and wall,
And all we stood by and panted. Then
Odin spake and said:
“’O Kings, O folk of
the Dwarf-kind, lo, the ransom duly paid!
Will ye have this sun of the ocean, and reap the
fruitful field,
And garner up the harvest that earth therefrom shall
yield.’
“So he spake; but a little
season nought answered Reidmar the wise,
But turned his face from the Treasure, and peered
with eager eyes
Endlong the hall and athwart it, as a man may chase
about
A ray of the sun of the morning that a naked sword
throws out;
And lo from Loki’s right-hand came the flash
of the fruitful ring,
And at last spake Reidmar scowling:
’Ye wait
for my yea-saying
That your feet may go free on the earth, and the
fear of my toils may be
done;
That then ye may say in your laughter: The
fools of the time agone!
The purblind eyes of the Dwarf-kind! they have gotten
the garnered sheaf
And have let their Masters depart with the Seed
of Gold and of Grief:
O Loki, friend of Allfather, cast down Andvari’s
ring,
Or the world shall yet turn backward and the high
heavens lack a king.’
“Then Loki drew off the Elf-ring and cast it down on the heap,
And forth as the gold met gold did the light of its glory leap:
But he spake: ’It rejoiceth my heart that no whit of all ye shall lack.
Lest the curse of the Elf-king cleave not, and ye ‘scape the utter wrack.’
Then Regin loosed the shackles of the gods and they departed into the night, but Odin stayed in the doorway and thus he spake: “Why do ye thus desire treasure and take sorrow to yourselves? Know ye not that I was before your fathers’ fathers, and that I can foresee your fate, and the end of the gold ye covet? I am the Wise One who ordereth all.”