Death said: "Choose sons and grandsons who shall live a hundred years, herds of cattle, elephants, gold, and horses. Choose the wide abode of the earth, and live thyself as many harvests as thou desirest.
In plain words: Death tries to tempt Nachiketas with other gifts. He offers children and grandchildren who live a hundred years, cattle, elephants, gold, horses, a great kingdom, and as long a life as he wants.