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The Flies and the Honey-Pot 
Aesop's Fables, Translated by George F. Townsend
Analysis Key

     A number {of flies} were attracted (P)  {to a jar} {of honey} [Adj. to "jar"

which had been overturned (P) {in a housekeeper's room}], and placing

their feet [#1] {in it}, ate greedily. | Their feet, however, became so smeared [#2]

{with the honey} [Adv. to "so" that they could not use their wings (DO), nor

release themselves (DO), and were suffocated (P).] | Just [Adv. to 

"exclaimed" as they were expiring,] they exclaimed, [DO of "exclaimed"

"O [Inj] foolish creatures [#3] [Adj. to "creatures" that we are,] {for the sake} 

{of a little pleasure} we have destroyed ourselves (DO)."] |

     Pleasure bought [#4] {with pains}, hurts. |

1.  "Feet" is the direct object of "placing" which is a gerundive that modifies "flies."
2. Note how "smeared" can be explained as a predicate adjective, more technically a gerundive that functions as a predicate adjective, or as part of a passive finite verb phrase. Again this is a case that is rarely, if ever, discussed in a grammar textbook.
3. I don't remember seeing this in any grammar textbook, but it looks to me like Direct Address in which they address themselves. Note that "creatures" can also be seen as the predicate noun to "are."
4. "Bought" is a gerundive that modifies "pleasure."