[The following specimens of the Icelandic Sagas have been closely translated for the Irish Penny Journal, from the publications of the Royal Society of Northern Antiquaries, Copenhagen.] NO. I.--KING OLAVE AND THE DEVIL. And now the enemy of the whole human race, the devil himself, saw how his kingdom began to be laid waste, he who always persecutes human nature, and he saw how much on the other hand God’s kingdom prospered and increased; thereat he now felt great envy, and he puts on the human form, because he could so much the more easily deceive men, if he looked like a man himself. It so happened that King Olave was on a visit at Œgvald’s Ness,[2] about the anniversary of our Lord Jesus Christ’s nativity; and as all were regularly seated in the evening, and preparations were making for the drinking bout, and they were waiting until the royal table should be covered, there came an old one-eyed man into the hall with a silk hat on his head; he was very talkative, and could relate divers kinds of things; he was led forward before the king, who asked him the news, to which he replied, that he could relate various matters about the ancient kings and their battles. The king asked whether he knew who Œgvald was, he whom the Ness was called after. He answered, “He dwelt here on the Ness, and dearly loved a cow, so that she would follow him wherever he led her, and he would drink her milk; and therefore people that love cattle say that man and cow shall go together. This king fought many a battle, and once he strove with the king of Skorestrand; in that battle fell many a man, and there fell also King Œgvald, and he was afterwards buried aloft here on the Ness, and his barrow will be found here a little way from the house; in the other barrow lies the cow.” The drinking bout was now held according to usage, and all the diversions that had been appointed. Afterwards many went away to sleep. Then the king had that old man called to him, and he sat on the footstool by the king’s bed, and the king asked him about many matters, which he explained well, and like an experienced man. And when he had related much and explained many things well, the king became constantly the more desirous to hear him; he therefore staid awake a great part of the night, and continued to ask him about many things. At last the bishop reminded him in a few words that the king should stop speaking with the man; but the king thought he had related a part, but that another was still wanting. Far in the night, however, the king at last fell asleep, but awoke soon after, and asked whether the stranger was awake; he did not answer. The king said to the watchers that they should lead him up, but he was not found. The king then stood up, had his cupbearer and cook called to him, and asked whether any unknown man had gone to them when they were preparing the guest-chamber. The head cook said, “There came a little while ago, sire,