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Suddenly Bilbo’s arm went towards it drawn by it enchantment. His small hand would not close about it for it was a large and heavy gem; but he lifted it, shut his eyes, and put it in his deepest pocket.

“Now I am a burglar indeed!” thought he. “But I suppose I must tell the dwarves about it-some time. The did say I could pick and choose my own share; and I think I would choose this, if they took all the rest!” All the same he had an uncomfortable feeling that the picking and choosing had not really been meant to include this marvellous gem, and that trouble would yet come of it. Now he went on again. Down the other side of the great mound he climbed, and the spark of his torch vanished from the sight of the watching dwarves. But soon they saw it far away in the distance again. Bilbo was crossing the floor of the hall.

He went on, until he came to the great doors at the further side, and there a draught of air refreshed him, but it almost puffed out his light. He peeped timidly through and caught a glimpse of great passages and of the dim begi

“Thorin! Balin! Oin! Gloin! Fill! Kili!” he cried as loud he could-it seemed a thin little noise in the wide blackness. “The light’s gone out! Someone come and find and help me!” For the moment his courage had failed together.

Faintly the dwarves heard his small cries, though the only word they could catch was ‘help!’

“Now what on earth or under it has happened?” said Thorin. “Certainly not the dragon, or he would not go on squeaking.”

They waited a moment or two, and still there were no dragon-noises, no sound at all in fact but Bilbo’s distant voice. “Come, one of you, get another light or two!” Thorin ordered. “It seems we have got to go and help our burglar.”

“It is about our turn to help,” said Balin, “and I am quite willing to go. Anyway I expect it is safe for the moment.”

Gloin lit several more torches, and then they all crept out, one by one, and went along the wall as hurriedly as they could. It was not long before they met Bilbo himself coming back towards them. His wits had quickly returned soon as he saw the twinkle of their lights.

“Only a bat and a dropped torch, nothing worse!” he said in answer to their questions. Though they were much relieved, they were inclined to be grumpy at being frightened for nothing; but what they would have said, if he had told them at that moment about the Arkenstone, I don’t know. The mere fleeting glimpses of treasure which they had caught as they went along had rekindled all the fire of their dwarvish hearts; and when the heart of a dwarf, even the most respectable, is wakened by gold and by jewels, he grows suddenly bold, and he may become fierce.

The dwarves indeed no longer needed any urging. All were now eager to explore the hall while they had the chance, and willing to believe that, for the present, Smaug was away from home. Each now gripped a lighted torch; and as they gazed, first on one side and then on another, they forgot fear and even caution. They spoke aloud, and cried out to one another, as they lifted old treasures from the mound or from the wall and held them in the light caressing and fingering them. Fili and Kili were almost in merry mood, and finding still hanging there many golden harps strung with silver they took them and struck them; and being magical (and also untouched by the dragon, who had small interests in music) they were still in tune. The dark hall was filled with a melody that had long been silent. But most of the dwarves were more practical; they gathered gems and stuffed their pockets, and let what they could not carry far back through their fingers with a sigh. Thorin was not least among these; but always he searched from side to side for something which he could not find. It was the Arkenstone but he spoke of it yet to no one.





Now the dwarves took down mail and weapons from the walls, and armed themselves. Royal indeed did Thorin look, clad in a coat of gold-plated rings, with a silver hafted axe in a belt crusted with scarlet stones. “Mr. Baggins!” he cried. “Here is the first payment of your reward! Cast off your old coat and put on this!”

With that he put on Bilbo a small coat of mail, wrought for some young elf-prince long ago. It was of silver-steel which the elves call mithril, and with it went a belt of pearls and crystals. A light helm of figured leather, strengthened beneath with hoops of steel, and studded about the bring with white gems, was set upon the hobbit’s head.

“I feel magnificent,” he thought; “but I expect I look rather absurd. How they would laugh on the Hill at home Still I wish there was a looking-glass handy!”

All the same Mr. Baggins kept his head more clear of the bewitchment of the hoard than the dwarves did. Long before the dwarves were tired of examining the treasures he became wary of it and sat down on the floor; and he began to wonder nervously what the end of it all would be “I would give a good many of these precious goblets, thought, “for a drink of something cheering out of one Beorn’s wooden bowls!” “Thorin!” he cried aloud. “What next? We are armed, but what good has any armour ever been before against Smaug the Dreadful? This treasure is not yet won back. We are not looking for gold yet, but for a way of escape; and we have tempted luck too long!”

‘”You speak the truth!” answered Thorin, recovering his wits. “Let us go! I will guide you. Not in a thousand years should I forget the ways of this palace.” Then he hailed the others, and they gathered together, and holding their torches above their heads they passed through the gaping doors, not without many a backward glance of longing.

Their glittering mail they had covered again with their old cloaks and their bright helms with their tattered hoods, and one by one they walked behind Thorin, a line of little lights in the darkness that halted often, listening in fear once more for any rumour of the dragon’s coming. Though all the old adornments were long mouldered or destroyed, and though all was befouled and blasted with the comings and goings of the monster, Thorin knew every passage and every turn. They climbed long stairs, and turned and went down wide echoing ways, and turned again and climbed yet more stairs, and yet more’ stairs again.

These were smooth, cut out of the living rock broad and lair; and up, up, the dwarves went, and they met no sign of any living thing, only furtive shadows that fled from the approach of their torches fluttering in the draughts. The steps were not made, all the same, for hobbit-legs, and Bilbo was just feeling that he could go on no longer, when suddenly the roof sprang high and far beyond the reach of their torch-light. A white glimmer could be seen coming through some opening far above, and the air smelt sweeter. Before them light came dimly through great doors, that hung twisted on their hinges and half burnt.

“This is the great chamber of Thror,” said Thorin; “the hall of feasting and of council. Not far off now is the Front Gate.”

They passed through the ruined chamber. Tables were rotting there; chairs and benches were lying there overturned, charred and decaying. Skulls and bones were upon the floor among flagons and bowls and broken drinking-horns and dust. As they came through yet more doors at the further end, a sound of water fell upon their ears, and the grey light grew suddenly more full. “There is the birth of the Ru