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How happy he must be, this Hobgoblin,” exclaimed Sniff.”He isn’t a bit,” replied Snufkin, “and he won’t be until he finds the King’s Ruby. It’s almost as big as the black panther’s head, and to look into it is like looking at leaping flames. The Hobgoblin has looked for the King’s Ruby on all the planets including Neptune — but he hasn’t found it. Just now he has gone off to the moon to search in the craters, but he hasn’t much hope of success, because in his heart of hearts the Hobgoblin believes that the King’s Ruby lies in the sun, where he can never go because it is too hot.