As the production of _The Profligate_ marked the opening of the second period in the revival of English drama, so the production of the same author's _The Second Mrs Tanqueray_ is very clearly the starting-point of the third period. Before attempting to trace its course we may do well to glance at certain conditions which probably influenced it. In the first place, economic conditions. The Bancroft-Robertson movement at the old Prince of Wales's, between 1865 and 1870, was of even more importance from an economic than from a literary point of view. By making their little theatre a luxurious place of resort, and faithfully imitating in their productions the accent, costume and furniture of upper and upper-middle class life, the Bancrofts had initiated a reconciliation between society and the stage. Throughout the middle decades of the century it was the constant complaint of the managers that the world of wealth and fashion could not be tempted to the theatre. The Bancroft management changed all that. It was at the Prince of Wales's that half-guinea stalls were first introduced; and these stalls were always filled. As other theatres adopted the same policy of upholstery, both on and off the stage, fashion extended its complaisance to them as well. In yet another way the reconciliation was promoted--by the ever-increasing tendency of young men and women of good birth and education to seek a career upon the English stage. The theatre, in short, became at this period one of the favourite amusements of fashionable (though scarcely of intellectual) society in London. It is often contended that the influence of the sensual and cynical stall audience is a pernicious one. In some ways, no doubt, it is detrimental; but there is another side to the case. Even the cynicism of society marks an intellectual advance upon the sheer rusticity which prevailed during the middle years of the 19th century and accepted without a murmur plays (original and adapted) which bore no sort of relation to life. In a celebrated essay published in 1879, Matthew Arnold (whose occasional dramatic criticisms were very influential in intellectual circles) dwelt on the sufficiently obvious fact that the result of giving English names and costumes to French characters was to make their sayings and doings utterly unreal and "fantastic." During the years of French ascendancy, audiences had quite forgotten that it was possible for the stage to be other than "fantastic" in this sense. They no longer thought of comparing the mimic world with the real world, but were content with what may be called abstract humour and pathos, often of the crudest quality. The cultivation of external realism, coinciding with, and in part occasioning, the return of society to the playhouse, gradually led to a demand for some approach to plausibility in character and action as well as in costume and decoration. The stage ceased to be entirely "fantastic," and began to essay, however imperfectly, the