[Illustration of wizard, with hobbit or goblin in foreground]

[page 28] {Image: A shaded picture of Gandalf and Bilbo dominates the right half of the page. Bilbo stands in the foreground of the image. He stands leaning against a wooden barrel, arms crossed and his face a scowl. Standing behind the barrel, Gandalf stands about two and a half times the hight of the hobbit. One of the wizard's hands rests on a walking stick or cane, the other is reaching toward the hobbit. The artwork is signed with a stylized SH, the "H" designed like the fletching of an arrow.}