At this moment, perhaps, the difficulty of the dramatist lies less in paucity of subject, than in an almost embarrassing wealth of it. The life around us teems with problems of conduct and character, which may be said almost to cry aloud for dramatic treatment, and the temptation that besets the busy playwright of an uneasy, an impatient age, is that in yielding himself to the allurements of contemporary psychology, he is apt to forget that fancy and romance have also their immortal rights in the drama. ["Hear! Hear!"] But when all is claimed for romance, we must remember that the laws of supply and demand assert themselves in the domain of dramatic literature as elsewhere. What the people, out of the advancement of their knowledge, out of the enlightenment of modern education, want, they will ask for; what they demand, they will have. And at the present moment the English people appear to be inclined to grant to the English dramatist the utmost freedom to deal with questions which have long been thought to be outside the province of the stage. I do not deplore, I rejoice that this is so, and I rejoice that to the dramatists of my day--to those at least who care to attempt to discharge it, falls the duty of striking from the limbs of English drama some of its shackles. ["Hear! Hear!"] I know that the discharge of this duty is attended by one great, one special peril. And in thinking particularly of the younger generation of dramatists, those upon whom the immediate future of our drama depends, I cannot help expressing the hope that they will accept this freedom as a privilege to be jealously exercised, a privilege to be exercised in the spirit which I have been so presumptuous as to indicate.