* * * * *

[Illustration: MISS TWELFTHNIGHT AND HER CHARACTERS FOR 1892.]

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THEFT _V._ THRIFT.

["The Economic Man, whose sole motive was selfishness, was
created by ADAM SMITH."--_Daily News_.]

A century's gone, and still wiseacres plan
A future for the Economic Man;
But one fatality strikes us as comical,--
That--up to now--he is not _economical_!
The soulless thing whose motor sole is Self,
Squanders, as well as snatches, sordid pelf.
Perhaps if he could use as well as steal,
The common wealth might prove the common weal.

* * * * *

MR. PUNCH'S NEW-YEAR HONOURS, GIFTS, GOOD WISHES, AND GREETINGS.

(_CONFERRED BY HIM, WITHOUT_ "_OFFICIAL NOTIFICATION_.")

_To Her Most Gracious Majesty_.--The Queendom of his heart.

_To the Duke of Clarence, and the Princess May_.--A Bridal Quick
March.