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In plain words
He bears a flood of virtues fit to be praised by the lord of serpents, and he speaks words that are pleasing, true and good. Great honour does not make him glad, and a mass of insults does not pain him.
Word for word
Bearing a flood of virtues fit to be praised by the lord of serpents, speaking words pleasing, true and good; not coming to gladness because of great honour, not pained by a mass of insults.