curving lines, and the singular grace as well as rich invention of his ornaments. He can, however, refuse himself the pleasure of such invention when he wants to produce a discouraging effect upon the mind. See, for instance, the oppressive plainness of the architecture in the background to the dismal "Night Piece." It is well known that the President of the Royal Academy, unlike most English painters, is in the habit of making studies. In his case these studies are uniformly in black and white chalk on brown paper. Two of them are reproduced in THE YELLOW BOOK, one being for drapery, and the other for the nude form moving in a joyous dance with a light indication of drapery that conceals nothing. The latter is a rapid sketch of an intention and is full of life both in attitude and execution, the other is still and statuesque. Sir Frederic is a model to all artists in one very rare virtue, that of submitting himself patiently, in his age, to the same discipline which strengthened him in youth. I find a curious and remarkable drawing by Mr. Pennell of that strangely romantic place Le Puy en Velay, whose rocks are crowned with towers or colossal statues, whilst houses cluster at their feet. The subject is dealt with rather in the spirit of Dürer, but with a more supple and more modern kind of skill. It is topography, though probably with considerable artistic liberty. I notice one of Dürer's licences in tonic relations. The sky, though the sun is setting (or rising) is made darker than the hills against it, and darker even than the two remoter masses of rock which come between us and the distance. The trees, too, are shaded capriciously, some poplars in the middle distance being quite dark whilst nearer trees are left without shade or local colour. In a word, the tonality is simply arbitrary, and in this kind of drawing it matters very little. Mr. Pennell has given us a delightful bit of artistic topography showing the strange beauty of a place that he always loves and remembers.