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"Thou King of the Elves," cried Loki, "thy cunning has not
saved thee. Tell me, on thy life, where thy hidden treasures
lie!"
The wise dwarf knew who it was that thus held him as in a
vise; and he answered frankly, for it was his only hope of
escape, "Turn over the stone upon which you stand. Beneath
it you will find the treasure you seek."
Then Loki put his shoulder to the rock, and pushed with all
his might. But it seemed as firm as the mountain, and would
not be moved.
"Help us, thou cunning dwarf," he cried,--"help us, and thou
shalt have thy life!"
The dwarf put his shoulder to the rock, and it turned over
as if by magic, and underneath was disclosed a wondrous
chamber, whose walls shone brighter than the sun, and on
whose floor lay treasures of gold and glittering gem-stones
such as no man had ever seen. And Loki, in great haste,
seized upon the hoard, and placed it in the magic net which
he had borrowed from the Ocean-queen. Then he came out of
the chamber; and Andvari again put his shoulder to the rock
which lay at the entrance, and it swung back noiselessly to
its place.
"What is that upon thy finger?" suddenly cried Loki.
"Wouldst keep back a part of the treasure? Give me the ring
thou hast!"
But the dwarf shook his head, and made answer, "I have given
thee all the riches that the elves of the mountain have
gathered since the world began. This ring I cannot give
thee, for without its help we shall never be able to gather
more treasures together."
And Loki grew angry at these words of the dwarf; and he
seized the ring, and tore it by force from Andvari's
fingers. It was a wondrous little piece of mechanism shaped
like a serpent, coiled, with its tail in its mouth; and its
scaly sides glittered with many a tiny diamond, and its ruby
eyes shone with an evil light. When the dwarf knew that Loki
really meant to rob him of the ring, he cursed it and all
who should ever possess it, saying,--
"May the ill-gotten treasure that you have seized tonight be
your bane, and the bane of all to whom it may come, whether
by fair means or by foul! And the ring which you have torn
from my hand, may it entail upon the one who wears it sorrow
and untold ills, the loss of friends, and a violent death!
The Norns have spoken, and thus it must be."
Loki was pleased with these words, and with the dark curses
which the dwarf pronounced upon the gold; for he loved
wrong-doing, for wrong-doing's sake, and he knew that no
curses could ever make his own life more cheerless than it
always had been. So he thanked Andvari for his curses and
his treasures; and, throwing the magic net upon his
shoulder, he sprang again into the air, and was carried
swiftly back to Hunaland; and, just before the dawn appeared
in the east, he alighted at the door of the farmhouse where
Odin and Hoenir still lay bound with thongs, and guarded by
Fafnir and Regin.
Then the farmer, Hreidmar, brought the otter's skin, and
spread it upon the ground; and, lo! it grew, and spread out
on all sides, until it covered an acre of ground. And he
cried out, "Fulfil now your promise! Cover every hair of
this hide with gold or with precious stones. If you fail to
do this, then your lives, by your own agreement, are
forfeited, and we shall do with you as we list."
Odin took the magic net from Loki's shoulder; and opening
it, he poured the treasures of the mountain elves upon the
otter-skin. And Loki and Hoenir spread the yellow pieces
carefully and evenly over every part of the furry hide. But,
after every piece had been laid in its place; Hreidmar saw
near the otter's mouth a single hair uncovered; and he
declared, that unless this hair, too, were covered, the
bargain would be unfulfilled, and the treasures and lives of
his prisoners would be forfeited. And the Asas looked at
each other in dismay; for not another piece of gold, and not
another precious stone, could they find in the net, although
they searched with the greatest care. At last Odin took from
his bosom the ring which Loki had stolen from the dwarf; for
he had been so highly pleased with its form and workmanship,
that he had hidden it, hoping that it would not be needed to
complete the payment of the ransom. And they laid the ring
upon the uncovered hair. And now no portion of the otter's
skin could be seen. And Fafnir and Regin, the ransom being
paid, loosed the shackles of Odin and Hoenir, and bade the
three huntsmen go on their way.
Odin and Hoenir at once shook off their human disguises,
and, taking their own forms again, hastened with all speed
back to Asgard. But Loki tarried a little while, and said to
Hreidmar and his sons,--
"By your greediness and falsehood you have won for
yourselves the Curse of the Earth, which lies before you. It
shall be your bane. It shall be the bane of every one who
holds it. It shall kindle strife between father and son,
between brother and brother. It shall make you mean,
selfish, beastly. It shall transform you into monsters. The
noblest king among men-folk shall feel its curse. Such is
gold, and such it shall ever be to its worshippers. And the
ring which you have gotten shall impart to its possessor its
own nature. Grasping, snaky, cold, unfeeling, shall he live;
and death through treachery shall be his doom."
Then he turned away, delighted that he had thus left the
curse of Andvari with Hreidmar and his sons, and hastened
northward toward the sea; for he wished to redeem the
promise that he had made to the Ocean-queen, to bring back
her magic net, and to decoy the richly laden ship into her
clutches.
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