II.The strange builder

They all agreed that only Loki could have given such bad counsel, and that it would be only just to either make him contrive some way or other to prevent the builder accomplishing his work and having a right to claim his reward, or to put him to death. They at once laid hands on Loki, who, in his fright, promised upon oath to do what they desired, let it cost him what it might.

That very night, while the builder was employing his horse to convey stones, a mare suddenly ran out of a neighbouring forest and commenced to neigh. The horse broke loose and ran after the mare into the forest, and the builder ran after his horse.

Between one thing and another the whole night was lost, so that when day broke the work was not completed.

The builder, recognising that he could by no means finish his task, took again his giant form; and the gods, seeing that it was a mountain-giant with whom they had to deal, feeling that their oath did not bind them, called on Thor. He at once ran to them, and paid the builder his fee with a blow of his hammer which shattered his skull to pieces and threw him down headlong into Niflhel.

The horse Sleipner comes of the horse Svadilfari, and it excels all others possessed by gods or men.