First, The Ring, with all its gods and giants and dwarfs, its water-maidens and Valkyries, its wishing-cap, magic ring, enchanted sword, and miraculous treasure, is a drama of today, and not of a remote and fabulous antiquity. It could not have been written before the second half of the nineteenth century, because it deals with events which were only then consummating themselves. Unless the spectator recognizes in it an image of the life he is himself fighting his way through, it must needs appear to him a monstrous development of the Christmas pantomimes, spun out here and there into intolerable lengths of dull conversation by the principal baritone. Fortunately, even from this point of view, The Ring is full of extraordinarily attractive episodes, both orchestral and dramatic.
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