Thomas Crane was an American scholar and writer, mostly known as a collector and publisher of folk-tales and legends. A master of many languages, Crane translated French, Italian and Spanish works, having become one of the most popular adapters of children’s fairy tales. «The Story of Catherine and her Fate» is a wonderful story about wise little girl named Catherine. In the beginning of her life she was asked a strange question about her future. Which would you rather choose? Have-a happy youth or a happy old age? Without any doubt she chose a happy old age. It is better to bear troubles now, but have something better to look forward to in future. Will she have it? Is it possible to find luck and prosperity in old ages? Read the story till the end and make your own opinion of this philosophic question.