should be ashamed of myself if I did not; and I am sure that none of us, who are good for anything, have altogether lost that old belief; and when we look back at those days of young romance, and remember the thrill with which we read of Bluebeard's punishment, and Beauty's reward, we feel that it would be better for us if they had more of that old childlike faith. And so I encourage my youngsters to read and listen to, over and over again, the same old stories that, when I was a boy, warmed my young imagination, and to eschew the dismal allegories with which well-meaning but short-sighted writers try to supply the places of Jack the Giant-killer and all his marvellous family. And so I was almost as pleased as the children, when I saw, from its quaint and grotesque pictures, that their treasure-trove was really a book of real old-fashioned fairy stories. Of course, nothing would do but that the bedtime should be put off, and that I should read one, at least, of the stories to the young folks. As my selection won their unqualified admiration, and they are, as I have said, good critics, I send it to you for the benefit of your little people. Your studies in the Norse languages have perhaps made you familiar with the original of it; but I think it will be new to most boys and girls. Your old chum, PHILIP. _The Story._ I. Once upon a time there was a peasant, who had three sons, Peter, Paul, and John. Peter was tall, stout, rosy and good-natured, but a stupid fellow; Paul was thin, yellow, envious, and surly; while Jack was full of mischief, pale as a girl, but so small that he could stow himself away in his father's jack-boots; and so he was called Thumbling. All the wealth the poor peasant had was his family; and so poor was he, that it was a very feast-day in his cottage if only a penny happened to jingle there. Food was very high then, and wages low; so, as soon as the three boys were big enough to work for themselves, the good father was obliged to urge them to leave the cottage where they were born, and to go out into the world to seek their fortune. "In foreign lands," he said, "across the sea, bread could always be had, even if it took hard work to get it; while at home, in spite of all their toil, they were never sure of a crust for the morrow."