David Lindsay's A Voyage to Arcturus must be read as an allegorical dream fantasy for its merit to be correctly discerned. Lindsay's central themes are introduced in a study of the man and his work. (Ch. 1). These themes are found to be common in allegorical dream fantasy, the phenomenological background of which is established (Ch. 2). A distinction can then be drawn between fantasy and romance, so as to define allegorical dream fantasy as a literary mode (Ch. 3). After the biographical, theoretical and literary backgrounds of A Voyage have been established in the first three chapters, the second three chapters explicate the structure of the book as an allegorical dream fantasy. Finally, the dichotomies which have been found in Lindsay (between Lloyd's underwriter and visionary dreamer), between the dream and the real world, between fantasy and romance, are found to be unified by Norman N. Holland's theory of literature as transformation / Arts, Faculty of / English, Department of / Graduate