Chapter 37, Feeding the Dragon, Chapter 38, Verity's Bargain, Chapter 39, Verity's Dragon , Summary

The narrator provides an update on the war with the Red Ships. The raiders are able to get past Buckkeep and begin to go deep inside the Six Duchies. No help is coming from Regal, as he is intent upon his own war with the Mountain states. Verity and Kettle continue working on the dragon, and finally finish it, but Verity feels he has failed. The band is overcome with failure, knowing the armies of Regal are on their way to kill them.

The narrator speaks as if he Red Ship raiders were in the past, and that tales of their numbers were exaggerated. Verity and Kettle sleep, and Fitz moves towards the dragon. Verity meets him there, and decides he must sacrifice Fitz as...