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Nothing was going right with the Wizards' University. When High Chancellor Querida decided that she could not change the world and run the University as well, she took herself and her three cats off to a cottage beside the Waste, leaving the older wizards in charge. The older wizards seized the opportunity to retire. Now, eight years after the tours ended, the University was run by a committee of rather younger wizards, and it was steadily losing money.

For forty years before that, the University had been forced to provide for Mr. Chesney's offworld Pilgrim Parties. Wizards had also been made to provide magical events for the tours. Tourists from the next universe had come in droves every year, expecting to have adventures with elves, dwarfs, dragons, and the powers of darkness, and most years this left the world laid waste. The wizards then had to put it straight for the next year. Mr. Chesney, whose orders were backed by a powerful demon, had been very strict in his requirements, and he had paid for this service in gold. When almost everyone in the world united to put a stop to the Pilgrim Parties, the payments naturally stopped, so it was small wonder that the University was short of funds.

"We need to make the place pay somehow," the Chairman, Wizard Corkoran, said anxiously at the beginning-of-term meeting. "We've raised the student fees again—"

"And got fewer students than ever," Wizard Finn pointed out, although to hear the shouts and the bang and scrape of luggage from the courtyard outside, you would have thought most of the world was currently arriving there.

"Fewer, yes," Corkoran said, looking atthe list by his elbow, "but the ones we have got must all come from very rich families, or they couldn't afford the fees. It stands to reason. I propose we ask these families for money, we could put up a plaque with their names on. People like that."

Wizard Finn shot a look at the lovely Wizard Myrna, who turned down the comers of her shapely mouth. The rest of the committee simply stared at Corkoran with different sorts of blankness. Corkoran was always having ideas, and none of them worked. The students thought Corkoran was wonderful. Many of them imitated his style of wearing an offworld necktie over an offworld T-shirt—both with pictures on-and did their hair like Corkoran in a wavy blond puff brushed back from the forehead. Quite a few of the girl students were in love with him. But then they were only taught by him, Finn thought gloomily. They didn't have to wrestle with his ideas of how to run a university.

"We can't afford a plaque," said Wizard Dench, the Bursar. "Even with all the fees paid, we can only just afford to pay the staff and buy food. We can't afford to mend the roofs."

Wizard Corkoran was used to Dench saying they couldn't afford things. He waved this away. "Then I'll float a commemorating spell " he said. "We can have it circling the Spellman Building or the Observatory tower-transparently, of course, so it won't get in the way." When nobody said anything to this, he added, "I can maintain it in my spare time."

Nobody said anything to this either. They all knew Corkoran never had any spare time. All the time he could spare from teaching—and much that he couldn't spare, too—went to his research on how to get to the moon. The moon was his passion. He wanted to be the first man to walk on it.

"That's settled then," said Corkoran. "Money's bound to pour in. If you just take my first-year tutorial group, you can see the possibilities. Look." He ran a finger down the list beside him. "There's King Luther's eldest son—he's Crown Prince of Luteria, and he'll own all sorts of land—Prince Lukin. And the next one's the sister of Emperor Titus. At least I believe she's his half-sister, but I'm sure we can prevail on the Empire to make a large donation: Then there's a dwarf. We've never had a dwarf before, but they all come from fastnesses stuffed with treasure. And there's this girl Elda. She's the daughter of Wizard Derk, who—"

"Er—" began Finn, who knew Elda quite well.

"Wizard Derk is a wealthy and important man," Corkoran continued. "Did you say something, Finn?"

"Only that Derk doesn't approve of the University," Finn said. It was not what he had been going to say.

"Obviously he changed his mind when he found his daughter had talent" Corkoran said, "or he wouldn't be paying for her to come here. All right. That's agreed then. Myrna, you're married to a bard. You know how to use Powers of Persuasion. You're in charge of sending a letter to the parents of all students who—"

"I,—er,—have another ideal" Wizard Umberto put in from the end of the conference table. Everyone turned to him hopefully. Umberto was quite young, rather fat, and almost never said anything. The general belief was that Umberto was a brilliant astrologer, except that he never said anything about his work. He went pink, seeing them all looking at him, and stammered. "Oh. Er. I think we should, well, you know, be able to set up a scheme to let people pay for magical information. You know, come from miles away to be told secrets."

"Oh, don't be silly, Umberto." said Wizard Wermacht. Wermacht was the youngest wizard there, and very proud of the fact. "You're describing just what we do, anyway."

"But only for students, Wermacht," Umberto stammered shyly. "I thought we could, er, sell everyone horoscopes and so forth."