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The Will o' the Wisp is the most common name given to the mysterious lights that were said to lead travellers from the well-trodden paths into treacherous marshes. The tradition exists with slight variation throughout Britain, the lights often bearing a regional name.
There are various explanations for the Will o' the Wisps, the most general being that they are malevolent spirits either of the dead or non-human intelligence. They have a mischievous and often malevolent nature, luring unwary travellers into dangerous situations. Wirt Sikes in his book British Goblins alludes a common story about a Welsh Will o' the Wisp (Pwca); a peasant, who is travelling home late in the evening sees a bright light travelling before him, looking closer he sees that the light is a lantern held by a "dusky little figure" which he follows for several miles, suddenly he finds himself standing on the edge of a great chasm with a roaring torrent of water rushing below him. At that moment the lantern carrier leaps across the fissure, raises the light over its head and lets out a malicious laugh, after which it blows out the light leaving the unfortunate man far from home, standing in pitch darkness at the edge of a precipice. They were not always so dangerous, and there are tales told about the Will o' the Wisp being guardians of treasure, leading those brave enough to follow them to sure riches.
In many places the Will o' the Wisp were associated with spirits of the dead who could not enter either heaven or hell, malignantly wandering the earth leading foolish travellers astray. Katherine Briggs mentions the Shropshire 'Will the Smith' in her book A Dictionary of Fairies: St Peter allowed a wicked blacksmith named Will a second chance to live a wholesome life on earth, but he lived it in such evil that he was doomed to wander the earth in purgatory. The Devil allowed him one grace, a burning piece of pit coal to warm him on his desolate walk through the wild lands, which he uses to lead wanderers into the marshes. The lights were also seen as death omens, and when seen within graveyards they were known as corpse lights. These were said to light the path of a coming funeral - from the victims home to the graveyard - in the form of small flickering flames. In other tales the light were often said to appear in places where a tragedy was about to occur.