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The nations to the south saw that a great kingdom had arisen on their northern border, ruled by a warlike and conquering prince, and it was deemed wise to seek to win him from the worship of idols to a more elevated faith. Askhold and Dir had been baptized as Christians. Olga, after her bloody revenge, had gone to Constantinople and been baptized by the patriarch.

Under his rule the Russian dominions rapidly and widely increased. At an earlier date two Varangians, Askhold and Dir by name, had made their way far to the south, where they became masters of the city of Kief. They even dared to attack Constantinople, but were driven back from that great stronghold of the South.

Placing his warriors in ambush, he sent a messenger to Askhold and Dir, with the statement that a party of Varangian merchants, whom the prince of Novgorod had sent to Greece, had just landed, and desired to see them as friends and men of their own race. Those were simple times, in which even the rulers of cities did not put on any show of state.

On the contrary, the two princes at once left the city and went alone to meet the false merchants. They had no sooner arrived than Oleg threw off his mask. His followers sprang from their ambush, arms in hand. "You are neither princes nor of princely birth," he cried; "but I am a prince, and this is the son of Rurik." And at a sign from his hand Askhold and Dir were laid dead at his feet.