A brief recap of the history of the Conference since its inception is given, although the presenter (clearly a mathematician) admits that '50' is not a number of higher significance than any other.

The more interesting part is the discussion on the Conference that is currently ongoing. Awards are given to the best results of research, and then, an insight into the Conference's finances. It seems the law that permits the researchers entrance into the Library was acquired relatively cheaply, compared to the much stronger law that was necessary to accomodate for you in the palace cellars yesterday. Some reasonable budget had been allocated for the Coffee Breaks. But say that again— how much did it cost to settle a conflict with the lizard?