A unique collection this, with stories, poems, songs drawn from the past and the recent present -a collection that offers something for every taste and every mood and that grown ups will find delight in sharing with children. For it is first and last a children's collection. A bit old fashioned- some will feel- but maybe that is the Englishness of it, for not many American writers are represented. And it is the kind of old-fashioned quality that children demand when they want stories that might be true, told from the story teller's own ragbag of memory. The standard of telling is high -- and this reader, who has examined countless collections, took delight in a sense of discovery of unfamiliar tales. The old standbye names are here- Andersen and Grimm, Walter de la Mare, Leslie Brooke, Kipling, Andrew Lang, Stevenson, Mrs. Molesworth, Joel Chandler Harris- and other famous spinners of tales. But Margery Bianco is here, too, and Ruth Sawyer, Eleanor Farjeon and Mary Norton, Arthur Ransome and Charles J. Finger. There are myths and legends, riddles and jokes. Its a tasty pudding for family sharing.