He is glaring upward at them, speechless with fury, when his eyes become fixed upon a brilliant point, growing in size and radiance until the whole flood is illumined. There is an exquisite hush of a moment. The sun has risen and kindled its reflection in the gold. The music describes better than words the spreading of tremulous light down through the deep. Through the wavering ripples of water and light cuts the bright call of the gold, the call to wake up and behold. Again and again it rings, regularly a golden voice. The Rhine-daughters have quickly forgotten their victim. They begin their blissful circumswimming of their idol, with a song in ecstatic celebration of it, so penetratingly, joyously sweet, that you readily forgive them their naughtiness: "Rhine-gold! Rhine-gold! Luminous joy! How laugh'st thou so bright and clear!"...
Alberich cannot detach his eyes from the vision. "What is it, you sleek ones," he asks in awed curiosity, "glancing and gleaming up there?"
"Now where have you barbarian lived," they reply, "never to have heard of the Rhine-gold?" They mock his ignorance; returning to their teasing mood, they invite him to come and revel with them in the streaming light.
"If it is no good save for you to swim around, it is of small use to me!" is Alberich's dejected observation. As if their treasure had been disparaged, Woglinde informs him that he would hardly despise the gold if he knew all of its wonder! And Wellgunde follows this part-revelation with the whole secret: The whole world would be his inheritance who should fashion out of the Rhine-gold a magic ring. Vainly Flosshilde tries to silence her sisters. Wellgunde and Woglinde laugh at her prudence, reminding her of the gold's assured safety in view of the condition attached to the creation of the ring. This is described in a solemn phrase, serious as the pronouncing of a vow: "Only he who forswears the power of love, only he who casts from him the joys of love, can learn the spell by which the gold may be forced into a ring."--Wherefore, they hold, the gold is safe, "for all that lives wishes to love, no one will give up love," least of all this Nibelung, the heat of whose sentiments had come near scorching them! And they laugh and swim around the gold with their light-hearted Wallalaleia, diversified with mocking personalities to the gnome down in the gloom.