WITH regard to other divisions of the field of folk-lore, the views of scholars differ, but in the realm of faerie these differences are reconciled; it is agreed that fairy tales are relics of the ancient mythology; and the philosophers stroll hand in hand harmoniously. This is as it should be, in a realm about which cluster such delightful memories of the most poetic period of life--childhood, before scepticism has crept in as ignorance slinks out.