A friend of mine has started as manager of his first theatre these holidays. It may seem to you an unpropitious moment for such a beginning, but in many ways this special theatre is exceptionally well guaranteed against failure. The proprietor was kind enough to invite my presence at his opening performance. As a matter of fact I had myself put up the money for it. Naturally I was anxious for the thing to be a success. The theatre stands on what you could truthfully call a commanding situation at one end of the schoolroom table. It is an elegant renaissance edifice of wood and cardboard, with a seating accommodation only limited by the dimensions of the schoolroom itself, and varying with the age of the audience. The lighting effects are provided in theory by a row of oil foot-lamps, so powerful as to be certain, if kindled, to consume the entire building; in practice, therefore, by a number of candle-ends, stuck in the wings on their own grease. These not only furnish illumination, but, when extinguished (as they constantly are by falling scenery) produce a penetrating aroma which is specially dear to the managerial nostrils. The manager, to whom I have already had the pleasure of introducing you, is Peter. I have been impatiently waiting for the moment of Peter's first theatre, these nine years. Like marbles or _Treasure Island_, it is at once a landmark and a milestone in the present-giving career of an uncle. So I had devoted some considerable care to its selection. In one respect Peter's theatre reminds me of the old Court in the days of the VEDRENNE-BARKER repertory. You recall how one used to see the same people at every performance, a permanent nucleus of spectators that never varied? The difference is that Peter's permanent nucleus are neither so individually agreeable nor in any true sense enthusiasts of the drama. Indeed, being painted on the proscenium, with their backs to the stage, the effect they produce is one of studied indifference. Nay more, a horrible suspicion about them refused to be banished from my thoughts; it was based partly upon the costumes of the ladies, partly on the undeniably Teutonic suggestion in the gentlemen's uniforms. However, I said nothing about this to Peter.