Professor Macmillan has placed all lovers of fairy tales under a deep debt of obligation to him. The fairy tale makes a universal appeal both to old and young; to the young because it is the natural world in which their fancy delights to range, and to the old because they are conscious again of the spirit of youth as they read such tales to their children and grandchildren over and over again, and rejoice in the illusion that after all there is not a great difference of age which separates the generations.