In front of them was a long, black table, and on this were ranged the prizes—a number of impossibly shiny volumes that might have been biscuit-tins, for all the reading that they seemed to contain. Beside them in a wooden armchair was seated a little man like a sparrow, in patent leather boots and a high, white collar, whose smile was intermittent, but regular. This was Sir Arthur Spalding, who had been asked to give away the prizes, because ten other gentlemen had been invited and refused. On the other side of the table the Rev. Moy-Thompson tried to express geniality and authority by the curves of his fingers and the bend of his head; he stroked his beard at intervals. In the front rows the ladies were seated: Mrs. Comber, large and smiling, in purple; Mrs. Moy-Thompson, endeavoring to escape her husband's eye, but drawn thither continually as though by a magnet; the Misses Madder, Mrs. Dormer, Isabel, and many parents. The proceedings opened with a speech from the Rev. Moy-Thompson. He alluded, of course, in the first place to Sir Marmaduke Boniface, “our founder, hero, and example”; then by delicate stages to Sir Arthur Spalding, whose patent leather boots simply shone with delight at the pleasant things that were said. This preface over, he dilated on the successes of the term. K. Somers had been made a Commissioner of Police in Orang-Mazu-Za (cheers); W. Binnors had been fifteenth in an examination that had something to do with Tropical Diseases (more cheers); M. Watson had received the College Essay Prize at St. Catherine's College, Cambridge; and C. Duffield had obtained a second class in the first part of the Previous Examination at the same university (frantic cheering, because Duffield had been last year's captain of the Rugby football.) All this, Mr. Moy-Thompson said, was exceedingly encouraging, and they could not help reflecting that Sir Marmaduke Boniface, were he conscious of these successes, would be extremely pleased (cheers). Passing on to the present term, he was delighted to be able to say that never, in all his long period as headmaster, could he remember a more equable and energetic term (cheers). As a term it had been marked perhaps by no events of special magnitude, but rather by the cordial friendliness of all those concerned. Masters and boys, they had all worked together with a will. It was a familiar saying that “a nation was blessed that had no history”—well, that applied to such a term as the one just concluded (cheers). If he might allude once more to their excellent Founder, he was quite sure that Sir Marmaduke Boniface was precisely the kind of man to rejoice in this spirit of friendship (cheers). He must here allude for a moment to his staff. Surely a headmaster had never been surrounded with so pleasant a body of men—men who understood exactly the kind of esprit de corps necessary if a school's work were to be properly carried on; men who put aside all private feelings for the one great purpose of