Sleepy time stories by the author of the fine teen-age biography of Shakespeare, and some adult biographies. Sparkling, fresh stories, attuned to a child's perspective, in the companionable adventures of Jane Jonquil and her father, and in tales and verses filled with the enchantment of pretending when the might-be-true becomes true. There's true adventure (rescuing a wounded starling, watching the Christmas tree go up in the square, feeding birds and squirrels); there are wonderful stories of a flying wooden horse, the title story, poems, and clever illustrations by Margaret Bloy Graham.