The Story of the Magic Gold
_This is the tale the Northmen tell of how
Sigurd was nurtured in Denmark._
When Hiordis and her handmaid came to the kingdom of Prince Alf, they
were treated with all honour and goodwill. But soon the queen-mother
of Prince Alf called him to her and said:
"Tell me, my son, why the fairer of these women has the fewer rings
and the commoner garments? For methinks that she whom you have held of
least account is the nobler of the two."
And he answered: "I, too, have had my doubts, since she is little like
a bond-servant, and when we first met she greeted me in noble wise.
But let us make trial of the matter."
So it came to pass that, as they sat at table, the prince said: "How
is it that you know the hour for rising in the winter mornings, seeing
that there are then no lights in heaven?"
And the handmaid, who was playing the part of mistress, forgot
herself, and answered: "At a certain hour I was ever wont to drink
milk before wending to feed the cows; and now that I no longer do
this, I still awake thereby at that self-same time."
At this the prince laughed aloud, saying: "That is ill manners for a
king's daughter."
Then he turned to Hiordis and asked her the same question, and she
answered unthinkingly: "My father once gave me a little gold ring of
such a nature that it grows cold on my finger in the day-dawning; and
that is the sign by which I know it is time to rise."
Then the prince sprang up, saying: "Gold rings for a bond-maid! Come
now, thou has deceived me, for I perceive that thou art a king's
daughter."
So the queen told him the whole truth, and then was she held in the
greatest honour.
Soon after, Prince Alf succeeded to his father's throne and became
King of Denmark, and about this time a fair son was given to Hiordis,
as had been foretold by Sigmund, his father. His hair was fair as the
morning light and his eyes were keen and blue.
And when, as happened shortly afterwards, the king married Hiordis,
the young Sigurd, as he was named, was brought up at the palace, with
all care and love, as the king's foster-son. Tall and straight did he
grow, and very comely of countenance; and there was no man but loved
him.
In due time the young prince was sent to Regin, the wisest man in that
realm, to be taught by him.
So old was he that none could recall his first coming to the land, and
his wisdom embraced all things known to men. He had great skill in all
the arts of peace, but chiefly was he famed for the mighty works he
had wrought at the forge and upon the anvil.
"The Master of the Masters in the smithying craft was he;
And he dealt with the wind and the weather and the stilling of
the sea."
But though he was so wise, he had an evil heart, and he soon
determined to use the young Sigurd for his own ends.
So one day he began to instil a spirit of discontent within the lad,
asking him if he knew how much wealth his father Sigmund had and who
now had it in charge.
And the boy answered: "The king himself has it in charge."
"Dost thou then trust him so utterly?" sneered Regin.
"It is but right he should have it so," answered Sigurd, "for he knows
better how to guard it than I."
So Regin waited awhile, and then tried again, saying: "Surely it is a
marvellous thing that thou, a king's son, should run about on thy feet
like a horse-boy, and do the bidding of King Alf!"
"That is not so," said Sigurd, "for I have my way in all things, and
whatever I desire is granted to me."
"Well, then," said Regin, "ask for a horse for thyself."
"Yes," said the boy; "and that shall I have when I have need of such a
thing."
After this Sigurd went to the king, who smiled on him and said: "What
wilt thou of me?"
And Sigurd said: "I would have a horse of my very own."
To which the king replied: "Choose for thyself a horse from any part
of the kingdom it seems good to thee."
So Sigurd went away to the wild woods to consider where he should
search for the finest steed in all the world; and as he pondered he
met in the way a tall, old man, with a grey hat drawn over his
forehead and a grey-blue cloak about his shoulders, who asked him
where he was going.
"I want to choose a horse," said Sigurd. "Come thou with me, old man,
and give me thy counsel."
So they went together to a meadow where all the finest horses in the
king's dominions were feeding, in charge of the royal grooms. And the
stranger said: "See now, let us drive all these horses into the deeps
of the river and choose the one that best can cross the foaming tide."
And this they did. And it came to pass that, because of the strong
swirl of the waters, all but one of the horses turned back and
scrambled again to land.
But one not only breasted the tide as though it were still water, but,
having gained the opposite bank, he raced round the meadow as though
he were a colt. Then plunging into the river again he swam back quite
easily and rejoined his companions.
"That is the horse that I will choose," said young Sigurd, and running
out, he caught the beautiful creature by the mane. Young of years was
he, grey of colour, and very great and fair of limb; and as yet no man
had thrown foot across his back.
Then said the old man: "This horse is of the kin of Sleipnir, the
steed of Odin. Nourish him well, for he will prove the best of horses
to thee."
And with those words he vanished.
Then Sigurd called the steed Greyfell, and he proved, as Odin had
promised, the best of all horses in the world.
And after awhile Regin spoke again to Sigurd and said: "It grieves me
sore to see thee in this poor and humble guise at the court. But thou
art a brave lad, and I will tell thee where there is much wealth to be
won, as well as fame and honour in the winning of it, if thou wilt."
These words roused Sigurd's curiosity, and he asked where that wealth
might be, and who had watch and ward over it.
And Regin answered: "Fafnir is his name, and he lies not so far away,
on a lonely waste of heath. And when thou comest to that place, thou
mayest well say that thou hast never seen or heard of such abundance
of treasure."
"But I have already heard of Fafnir," said Sigurd thoughtfully. "Is
he not the most terrible of dragons, so huge and evil that no man dare
go out against him?"
"Not so," said the cunning Regin, "he is like unto other dragons of
his kind. Men make too great a tale about him, that is all. But there,
thy forefathers would have thought nothing of such a beast, but 'tis
hardly to be expected that thou, though thou be of Volsung blood,
shall have the heart and mind of those great ones whose deeds of fame
still ring throughout the lands."
Then Sigurd grew angry. "Why shouldst thou lay on me the name of
coward, who am yet but a child?" he said. "I have had as yet no chance
to win renown. And tell me, why dost thou egg me on to this so
strongly?"
"Hundreds of years ago," replied Regin, "when I was but a boy, I lived
in the house of my father Hreidmar, the king of the dwarfs. His eldest
son was named Fafnir, his second Otter, and I was the youngest and
least; for I could never wield a sword in battle, though I was a
cunning worker in iron and silver and gold. My brother Otter was
cleverer than I, for he was a great fisher, and excelled all other men
as such.
"By day he took the form of an otter, and dwelt in the river, and
brought fish in his mouth to the bank. He lived usually thus, coming
home only to eat and slumber, for on dry land he could see nothing.
But Fafnir was by far more grim, as he was greater than us all, and he
would have everything we possessed called his.
"Now in the waterfall hard by our house lived a dwarf called Andvari,
who had changed himself into the likeness of a pike; and this he did
that he might eat the smaller fishes, of which the river was full.
"And one day it came to pass that three of the Asa folk, Odin, Loki,
and Hoenir, being on a journey, came to Andvari's waterfall just as
Otter, having eaten a large salmon, was slumbering on the river bank.
When Loki saw him he took up a stone, and threw it with such force
that my brother fell dead on the ground. At this the Asas were well
content, for they did not know that he was a dwarf's son. And they
flayed off his skin and Loki carried it away with him, hanging it over
his shoulder.
"Now at eventide they came to the house of my father, and entered in,
suspecting no evil. But when Loki, coming last, threw his burden on
the floor, the dwarf king recognised the skin, and his face grew
black with rage. Before the Asas could defend themselves or flee, he
made signs to his servants who bound them fast in the midst of the
floor.
"Then the Asas asked what ransom they should pay, and Hreidmar
answered and said: 'In the depth of the waterfall lies the Flame of
the Waters, the Gold of the Sea, hidden there by the dwarfs, and
called by men Andvari's Hoard. Find this for me, and fill with it the
otter skin, and cover it outside with the same red gold, and then, and
then only, will I let you go free.'
"Now this was a heavy ransom indeed, for not only was Andvari's hoard
hidden cunningly away, but the otter skin had the property of
stretching itself to an enormous size.
"The Asas, however, determined to do their best, and they sent Loki,
who was set free for the purpose, to find the Magic Gold.
"So Loki went down to the river bank and peered and poked and
searched. This he did for days, but nowhere could he discover either
the dwarf Andvari or his hoard. At length he noticed a wonderfully
fine pike, with gills of gold, which each day sported in the foam of
the waterfall, and he suspected that this was the dwarf in the form of
a fish.
"So he went to Ran, the goddess of the sea, and borrowed her magic
net, and taking this to the waterfall he cast it therein; and the pike
swam into the net and was caught. Then said Loki:
"What fish of all fishes
Swims strong in the flood,
But hath learnt little wit to unfold?
Thine head must thou buy
If fate thou would'st fly,
And find me the water's red gold."
"The dwarf now resumed his proper form, and answered sulkily:
"Andvari folk call me,
A dwarf is my father,
And deep in the fall is my home.
For of ill-luck a fay
This fate on me lay,
Through wet ways ever to roam."
"Slowly, and very reluctantly, the dwarf accepted the situation; but
at last he consented to yield up the golden hoard as ransom for his
life, and diving into the depths of the waterfall he brought up
thence, little by little, his marvellous pile of treasure.
"Last of all he laid upon the bank, which now shone like a sea of
gold, the glittering Helmet of Dread and a massive breastplate, all of
the precious metal.
"'This is the full measure,' said he, as he laid his burden at Loki's
feet.
"But Loki caught sight of a ring gleaming upon his thumb. 'Give me
also that ring,' said he.
"Now this ring was a talisman and had the power of attracting to it
all precious metal like itself; therefore Andvari would not part with
it.
"Then Loki snatched the ring from him with a wicked laugh, and went
his way chuckling. But Andvari crept into a cleft of the rocks, and
from thence called out angry curses upon him.
"That gold hoard of mine
Shall be to all thine
A cause of dissension and woe;
And no good at all
Shall ever befall
The man to whose hands it shall go."
"Meanwhile, Loki had carried the treasure to Hreidmar, and they placed
it on the otter skin, which ever stretched and widened, so that, with
all that large store, one hair of the bristle remained uncovered. And
on this Loki placed the magic ring, that was called 'Andvari's Loom,'
because it made much gold, and at last the skin was entirely covered.
Then Loki chanted:
"Gold enow, gold enow,
A great treasure hast thou,
That our heads on our necks we may hold,
But thou and thy son,
Are now both undone,
For a curse has been placed on the gold."
"Now scarcely had the Asas departed than the curse began to work. For
though Hreidmar watched night and day over the treasure, it was plain
that Fafnir coveted it. At last he slew his father, and having thus
obtained possession of the hoard he donned the Helmet of Dread and the
glittering breastplate, and," said Regin, "he drove me out when I came
to claim my share, and bade me get my bread as best I could.
"And so evil did Fafnir grow with gloating over the treasure,
begrudging any man a share in his wealth, that he took the shape of a
vile dragon, and to this day he lies brooding over his hoard.
"As for me, I went to the king, who made me master smith."
"Hast thou hearkened, Sigurd? Wilt thou help a man that is old
To avenge him for his father? Wilt thou win the treasure of gold
And be more than the kings of the earth? Wilt thou rid the earth of
a wrong
And heal the woe and the sorrow my heart hath endured o'er long?"
Then Sigurd answered: "Much wrong has been thine and exceeding evil
has thy kinsman been to thee. Make me, therefore, a sword by thy
craft, such as none has ever been made before; and with it I will go
forth to slay this mighty dragon."
"Trust me well in that task," said Regin, "and with that same sword
shalt thou slay Fafnir."