An early folk story which has been recently translated by Arthur G. Chater, is entitled _The Treasure_. It is slight in volume and literary value compared with such major books as _Jerusalem_ and _The Emperor of Portugallia_. It has features of the spectacular with restrained dramatic power. It lends itself to scenario effects because of the pictorial background and the brilliant contrasts in characters and sentiments. In Sweden of the sixteenth century, in the days of Frederick II of Denmark (who was also ruler of Sweden), occurred this legendary tale. It mingles the sea, with its galleys and its wild storms, with the parsonage and the hidden treasure chest which was looted. All the family had been murdered by these mysterious robbers except a foster child, Elsalill. The supernatural element is used with fine effects; this girl is haunted by the ghost and messages from her foster sister who was killed. Elsalill is in anguish of spirit because she loves the bold, persuasive, and richly apparelled Sir Archer, although she finds that he is one of the robber-murderers. How her body becomes his shield from the sheriff, even to her death and his escape, forms the romantic climax of this tale. Miss Lagerlöf’s early ambition to become a dramatist has never wholly died; she has written a few plays that have been staged with success in Sweden, Denmark, and Norway. Among these has been a dramatization of _The Girl from the Marshcroft_; this story has been shown as a film in many places in America as well as abroad. The setting in rural picturesqueness, with tragic and romantic notes mingled, affords dramatic opportunities. Mrs. Howard says that _The Story of Gösta Berling_ has been shown at the cinema in Sweden and elsewhere in Europe. “Will Miss Lagerlöf ever come to the United States?” we ask her friend and translator. The reply is a probable negative. She is deeply interested in America and reads many books by our authors, especially those of mystical or informing trend. She had an uncle who lived in Seattle and, on the walls of her dining-room, are found landscapes of Western America. She is not very strong, although never lacking in energy of mind and purpose. The freedom and vivacity of American women impress her as she receives many visitors, either at her summer home at Mårbacka or in the winter at Falun, close to the scenes of the first part of _Jerusalem_. She reads six languages with ease and is conversant with the major interests of every country. She has a keen humor and rare graciousness.