This banquet happens after the staged fight between St George and the reluctant dragon, engineered to keep the punters happy. After it’s over, they all go and feast together and everyone lives happily ever after.
Which is as it should be.
‘Banquets are always pleasant things, consisting mostly, as they do, of eating and drinking; but the specially nice thing about a banquet is, that it comes when something’s over, and there’s nothing more to worry about, and to-morrow seems a long way off.’
Source: Kenneth Grahame, Dream Days, illus. by Maxfield Parrish (Edin.: Paul Harris Publishing, 1983), p. 198