Siegfried carries King Gunther with him as he takes a leap while Brunhilde raises her hand to admit her defeat and a dragon flying above them opens its mouth and sticks out its tongue.
The caption reads in the original German:
Der Sprung der war ergangen,
Der Stein der war gelegen.
The caption in English was taken from Daniel Bussier Shumway’s translation of The Nibelungenlied published in Boston & New York by the Houghton Mifflin Company, 1909.