It may seem strange, in view of the spate of recent literature on the subject, that yet another article should be forthcoming on what is certainly the most familiar, as well as the most vexed, of all Platonic passages. But it is precisely this spate of literature that has impelled me to write. The time seems to have come for an article which, rather than seeking desperately for something new, sets out instead to reaffirm those facts and conclusions that even the most resolutely original of scholars could hardly venture to dispute. This article will therefore be based, not on any of the numerous modern interpretations, but on what Plato himself actually wrote. It will contain a number of tentative suggestions which, to the best of my knowledge, have not been made before. They can, and probably will, be rejected. But its primary purpose remains to restate, whenever possible in Plato's own words, a number of important facts that are at once so simple and so obvious that they seem repeatedly, and especially in recent years, to have been quite forgotten.