I thought how, as the day had come,
The belfries of all Dwarvendom
Had rolled along the unbroken song
Of peace on earth, good will to dwarves.

And in despair I bowed my head:
“There is no peace on earth,” I said,
“For hate is strong and mocks the song
Of peace on earth, good will to dwarves.”

Then pealed the bells more loud and deep:
“Khaz is not dead, nor doth he sleep;
The wrong shall fail, the right prevail,
With peace on earth, good will to dwarves.”

Till, ringing singing, on its way,
The world revolved from night to day,
A voice, a chime, a chant sublime,
Of peace on earth, good will to dwarves!