The Wanderer reads him an appropriate little lecture on the folly of being too clever to ask what he wants to know, and informs him that a smith to whom fear is unknown will mend Nothung. To this smith he leaves the forfeited head of his host, and wanders off into the forest. Then Mimmy's nerves give way completely. He shakes like a man in delirium tremens, and has a horrible nightmare, in the supreme convulsion of which Siegfried, returning from the forest, presently finds him.

A curious and amusing conversation follows. Siegfried himself does not know fear, and is impatient to acquire it as an accomplishment. Mimmy is all fear: the world for him is a phantasmagoria of terrors. It is not that he is afraid of being eaten by bears in the forest, or of burning his fingers in the forge fire. A lively objection to being destroyed or maimed does not make a man a coward: on the contrary, it is the beginning of a brave man's wisdom. But in Mimmy, fear is not the effect of danger: it is natural quality of him which no security can allay. He is like many a poor newspaper editor, who dares not print the truth, however simple, even when it is obvious to himself and all his readers. Not that anything unpleasant would happen to him if he did--not, indeed that he could fail to become a distinguished and influential leader of opinion by fearlessly pursuing such a course, but solely because he lives in a world of imaginary terrors, rooted in a modest and gentlemanly mistrust of his own strength and worth, and consequently of the value of his opinion. Just so is Mimmy afraid of anything that can do him any good, especially of the light and the fresh air. He is also convinced that anybody who is not sufficiently steeped in fear to be constantly on his guard, must perish immediately on his first sally into the world. To preserve Siegfried for the enterprise to which he has destined him he makes a grotesque attempt to teach him fear. He appeals to his experience of the terrors of the forest, of its dark places, of its threatening noises its stealthy ambushes, its sinister flickering lights its heart-tightening ecstasies of dread.

All this has no other effect than to fill Siegfried with wonder and curiosity; for the forest is a place of delight for him. He is as eager to experience Mimmy's terrors as a schoolboy to feel what an electric shock is like. Then Mimmy has the happy idea of describing Fafnir to him as a likely person to give him an exemplary fright. Siegfried jumps at the idea, and, since Mimmy cannot mend the sword for him, proposes to set to work then and there to mend it for himself. Mimmy shakes his head, and bids him see now how his youthful laziness and frowardness have found him out--how he would not learn the smith's craft from Professor Mimmy, and therefore does not know how even to begin mending the sword. Siegfried Bakoonin's retort is simple and crushing. He points out that the net result of Mimmy's academic skill is that he can neither make a decent sword himself nor even set one to rights when it is damaged. Reckless of the remonstrances of the scandalized professor, he seizes a file, and in a few moments utterly destroys the fragments of the sword by rasping them into a heap of steel filings. Then he puts the filings into a crucible; buries it in the coals; and sets to at the bellows with the shouting exultation of the anarchist who destroys only to clear the ground for creation. When the steel is melted he runs it into a mould; and lo! a sword-blade in the rough. Mimmy, amazed at the success of this violation of all the rules of his craft, hails Siegfried as the mightiest of smiths, professing himself barely worthy to be his cook and scullion; and forthwith proceeds to poison some soup for him so that he may murder him safely when Fafnir is slain. Meanwhile Siegfned forges and tempers and hammers and rivets, uproariously singing the while as nonsensically as the Rhine maidens themselves. Finally he assails the anvil on which Mimmy's swords have been shattered, and cleaves it with a mighty stroke of the newly forged Nothung.

The Second Act

In the darkest hour before the dawn of that night, we find ourselves before the cave of Fafnir, and there we find Alberic, who can find nothing better to do with himself than to watch the haunt of the dragon, and eat his heart out in vain longing for the gold and the ring. The wretched Fafnir, once an honest giant, can only make himself terrible enough to keep his gold by remaining a venomous reptile. Why he should not become an honest giant again and clear out of his cavern, leaving the gold and the ring and the rest of it for anyone fool enough to take them at such a price, is the first question that would occur to anyone except a civilized man, who would be too accustomed to that sort of mania to be at all surprised at it.

To Alberic in the night comes the Wanderer, whom the dwarf, recognizing his despoiler of old, abuses as a shameless thief, taunting him with the helpless way in which all his boasted power is tied up with the laws and bargains recorded on the heft of his spear, which, says Alberic truly, would crumble like chaff in his hands if he dared use it for his own real ends. Wotan, having already had to kill his own son with it, knows that very well; but it troubles him no more; for he is now at last rising to abhorrence of his own artificial power, and looking to the coming hero, not for its consolidation but its destruction.