An anthology of fantasy stories by Ursula K. Le Guin, H.G. Wells, Ruth Ainsworth, J.R.R. Tolkien, Lewis Carroll, Helen Cresswell, and others. The book was published by Octopus Books in 1983, with cover art by Sarah Silcock. This is the Cathay Books edition from 1984, with identical cover art and design.
The title typeface is Longfellow, which shares some characteristics with Beekman (Farmer, ca. 1895), see e.g. the A. Longfellow was issued in 1897 by the Philadelphia branch of ATF, with many alternates and ligatures. The designer is unknown. Its name is probably a reverence to Henry W. Longfellow, and might have been chosen to hint at the condensed qualities.