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HEREAFTER came Regin to Sigurd, and said,

“Hail, lord and master, a noble victory hast thou won in the slaying of Fafnir, whereas none durst heretofore abide in the path of him; and now shall this deed of fame be of renown while the world stands fast.”

Then stood Regin staring on the earth a long while, and presently thereafter spake from heavy mood: “Mine own brother hast thou slain, and scarce may I be called sackless of the deed.”

Then Sigurd took his sword Gram and dried it on the earth, and spake to Regin—

“Afar thou faredst when I wrought this deed and tried this sharp sword with the hand and the might of me; with all the might and main of a dragon must I strive, while thou wert laid alow in the heather-bush, wotting not if it were earth or heaven.”

Said Regin, “Long might this worm have lain in his lair, if the sharp sword I forged with my hand had not been good at need to thee; had that not been, neither thou nor any man would have prevailed against him as at this time.”

Sigurd answers, “Whenas men meet foes in fight, better is stout heart than sharp sword.”