Then were the bodies of the outlaws cast forth, but the woodland Elves that were slain Tinwelint let bury nigh to the knoll of Tinъviel, and ’tis said that the great mound stands there still in Artanor, and for long the fairies called it Cыm an-Idrisaith, the Mound of Avarice.

Now came Gwenniel to Tinwelint and said: “Touch not this gold, for my heart tells me it is trebly cursed. Cursed indeed by the dragon’s breath, and cursed by thy lieges’ blood that moistens it, and the death of those⁵ they slew; but some more bitter and more binding ill methinks hangs over it that I may not see.”

Then, remembering the wisdom of Gwenniel his wife, the king was minded to hearken to her, and he bade gather it up and cast it into the stream before the gates. Yet even so he might not shake off its spell, and he said to himself: “First will I gaze my last upon its loveliness ere I fling it from me for ever.” Therefore he let wash it clean of its stains of blood in clear waters, and display it before him. Now such mighty heaps of gold have never since been gathered in one place; and some thereof was wrought to cups, to basons, and to dishes, and hilts there were for swords, and scabbards, and sheaths for daggers; but the most part was of red gold unwrought lying in masses and in bars. The value of that hoard no man could count, for amid the gold lay many gems, and these were very beautiful to look upon, for the fathers of the Rodothlim had brought them out of Valinor, a portion of that boundless treasury the Noldoli had there possessed.

Now as he gazed Tinwelint said: “How glorious is this treasure! And I have not a tithe thereof, and of the gems of Valinor none save that Silmaril that Beren won from Angamandi.” But Gwenniel who stood by said: “And that were worth all that here lies, were it thrice as great.”

Then arose one from among the company, and that was Ufedhin, a Gnome; but more had he wandered about the world than any of the king’s folk, and long had he dwelt with the Nauglath and the Indrafangs their kin. The Nauglath are a strange race and none know surely whence they be; and they serve not Melko nor Manwл and reck not for Elf or Man, and some say that they have not heard of Ilъvatar, or hearing disbelieve. Howbeit in crafts and sciences and in the knowledge of the virtues of all things that are in the earth⁶ or under the water none excel them; yet they dwell beneath the ground in caves and tunnelled towns, and aforetime Nogrod was the mightiest of these. Old are they, and never comes a child among them, nor do they laugh. They are squat in stature, and yet are strong, and their beards reach even to their toes, but the beards of the Indrafangs are the longest of all, and are forked, and they bind them about their middles when they walk abroad. All these creatures have Men called ‘Dwarves’, and say that their crafts and cunning surpass that of the Gnomes in marvellous contrivance, but of a truth there is little beauty in their works of themselves, for in those things of loveliness that they have wrought in ages past such renegade Gnomes as was Ufedhin have ever had a hand. Now long had that Gnome forsaken his folk, becoming leagued with the Dwarves of Nogrod, and was at that time come to the realms of Tinwelint with certain other Noldoli of like mind bearing swords and coats of mail and other smithyings of exquisite skill in which the Nauglath in those days did great traffic with the free Noldoli, and, ’tis said, with the Orcs and soldiers of Melko also.

As he stood in that place the spell of the gold had pierced the heart of Ufedhin more deeply than the heart of any there, and he could not endure that it should all be cast away, and these were his words: “An evil deed is this that Tinwelint the king intends; or who hereafter shall say that the kindreds of the Eldaliл love things of beauty if a king of the Eldar cast so great a store of loveliness into the dark woodland waters where none but the fishes may after behold it? Rather than this should be, I beg of thee, O King, to suffer the craftsmen of the Dwarves to try their skill upon this unwrought gold, that the name of the golden treasury of Tinwelint become heard in all lands and places. This will they do, I promise thee, for small guerdon, might they but save the hoard from ruin.”

Then looked the king upon the gold and he looked upon Ufedhin, and that Gnome was clad very richly, having a tunic of golden web and a belt of gold set with tiny gems; and his sword was damasked in strange wise,⁷ but a collar of gold and silver interlaced most intricate was round his neck, and Tinwelint’s raiment could in no wise compare with that of the wayfarer in his halls. Again looked Tinwelint upon the gold, and it shone yet more alluring fair, nor ever had the sparkle of the gems seemed so brilliant, and Ufedhin said again: “Or in what manner, O King, dost thou guard that Silmaril of which all the world hath heard?”

Now Gwenniel warded it in a casket of wood bound with iron, and Ufedhin said it was shame so to set a jewel that should not touch aught less worthy than the purest gold. Then was Tinwelint abashed, and yielded, and this was the agreement that he made with Ufedhin. Half the gold should the king measure and give to the hands of Ufedhin and his company, and they should bear it away to Nogrod and the dwellings of the Dwarves. Now those were a very long journey southward beyond the wide forest on the borders of those great heaths nigh Umboth-muilin the Pools of Twilight, on the marches of Tasarinan. Yet after but seven full moons back would the Nauglath fare bearing the king’s loan all wrought to works of greatest cunning, yet in no wise would the weight and purity of the gold be minished. Then would they speak to Tinwelint, and an he liked not the handiwork then would they return and say no more; yet if it seemed good to him then of that which remained would they fashion such marvellous things for his adornment and for Gwenniel the Queen as never had Gnome or Dwarf made yet.

“For,” said Ufedhin, “the cunning of the Nauglath have I learnt, and the beauty of design that only can the Noldoli compass do I know—yet shall the wages of our labour be small indeed, and we will name it before thee when all is done.”

Then by reason of the glamour of the gold the king repented his agreement with Ufedhin, and he liked not altogether his words, and he would not suffer so great a store of gold to be borne without surety out of his sight for seven moons to the distant dwellings of the Dwarves; yet was he minded nonetheless to profit by their skill. Therefore suddenly he let seize Ufedhin, and his folk, and he said unto them: “Here shall ye remain as hostages in my halls until I see again my treasury.” Now Tinwelint thought in his heart that Ufedhin and his Gnomes were of the utmost service to the Dwarves, and no covetice would be strong enough to bring them to forsake him; but that Gnome was very wroth, saying: “The Nauglath are no thieves, O King, nor yet their friends” but Tinwelint said: “Yet the light of overmuch gold has made many thieves, who were not so before,” and Ufedhin perforce consented, yet he forgave not Tinwelint in his heart.

Therefore was the gold now borne to Nogrod by folk of the king guided by one only of Ufedhin’s companions, and the agreement of Ufedhin and Tinwelint spoken to Naugladur, the king of those places.

Now during the time of waiting Ufedhin was kindly entreated in the courts of Tinwelint, yet was he idle perforce, and he fretted inwardly. In his leisure he pondered ever what manner of lovely thing of gold and jewels he would after fashion for Tinwelint, but this was only for the greater ensnaring of the king, for already he began to weave dark plots most deep of avarice and revenge.

On the very day of the fullness of the seventh moon thereafter the watchers on the king’s bridge cried: “Lo! there comes a great company through the wood, and all it seems are aged men, and they bear very heavy burdens on their backs.” But the king hearing said: “It is the Nauglath, who keep their tryst: now mayst thou go free, Ufedhin, and take my greeting to them, and lead them straightway to my hall” and Ufedhin sallied forth gladly, but his heart forgot not its resentment. Therefore having speech privily with the Nauglath he prevailed upon them to demand at the end a very great reward, and one thereto that the king might not grant unhumbled; and more of his designs also did he unfold, whereby that gold might fare in the end to Nogrod for ever.