The poem's first section is easy to understan, depicting the hardshios of the journey and the thoughts of the Magi on the wisdom of the enterprise.
But the poem’s middle section is less easy to understand. As the journey draws to its close, so the scenery has more warmth and life. The “three trees” evoke the three crosses on Calvary while the “pieces of silver” evoke Judas Iscariot. Our modern Magus is not necessarily happy to have arrived at his destination – “you may say” the place was “satisfactory”, he himself seems not so sure…
In the poem’s third section the old man is sure that the journey was worth the trouble, but it left him nevertheless with a huge question mark: how could a scene of birth, the scene of a new-born child, have left him at the same time with such a sensation of death, of “hard and bitter agony” ?
Because when the Magus got back to his kingdom, he found he could no longer live as he had lived before. He found his own people now “alien” to him, clutching hold of the pagan gods of his old way of life, which could no longer satisfy him, because after meeting the Child he could no longer be a pagan. But he had gone through no rebirth of his own into any new dispensation, so that the whole experience felt only like death. In conclusion, he would not be unhappy to die.