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ss resolutely on, undaunted by fatigue and discouragement. Another of your father's failings was probably due to the fact that he was never a small boy and thus had no chance to work the deviltry out of his system. You yourselves have been abundantly blessed in this regard. I think I may say that here, in our Normal Academy, you have had an almost ideal playground to work off those boyish high spirits, to perpetrate those mischievous pranks that the world expects of its young. Remember that you are now going out into the mature work of life, where you will encounter serious problems. As you wend your way from these accustomed shades into the full glare of public life you will do so, I hope, with the consciousness that the eyes of the world are upon you. The sphere of activity in which you may find yourselves called upon to perform may be restricted, but you will remember that not failure but low aim is base. You will hold a just balance between the conflicting tendencies of radicalism and conservatism. You will endeavour to secure for labour its due share in the profits of labour. You will not be forgetful that all government depends in the last resort on the consent of the governed. These catch words in the full flush of your youth you may be inclined to dismiss as truisms, but I assure you that 10,000 years from now men will be uttering them with the same air of discovery. It is my great pleasure to confer upon you both the degree of bachelor of arts and to pray that you may never bring discredit upon your alma mater. THE DOWNFALL OF GEORGE SNIPE George Snipe was an ardent book-lover, and sat in the smoking car in a state of suspended ecstasy. He had been invited out to Mandrake Park to visit the library of Mr. Genial Girth, the well-known collector of rare autographed books. Devoted amateur of literature as he was, George's humble career rarely brought him into contact with bookish treasures, and a tremulous excitement swam through his brain as he thought of the glories he was about to see. In his devout meditation the train carried him a station beyond his alighting place, and he ran frantically back through the well-groomed suburban countryside in order to reach Mr. Girth's home on time. They went through the library together. Mr. Girth displayed all his fascinating prizes with generous good nature, and George grew excited. The palms of his hands were clammy with agitation. All round the room,
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