nes--we have no longer any reviews form the most direct approach to
that part of our reading public which likes the highest things in
literary art. Their readers, if we may judge from the quality of the
literature they get, are more refined than the book readers in our
community; and their taste has no doubt been cultivated by that of the
disciplined and experienced editors. So far as I have known these, they
are men of aesthetic conscience and of generous sympathy. They have
their preferences in the different kinds, and they have their theory of
what kind will be most acceptable to their readers; but they exercise
their selective function with the wish to give them the best things they
can. I do not know one of them--and it has been, my good fortune to know
them nearly all--who would print a wholly inferior thing for the sake of
an inferior class of readers, though they may sometimes decline a good
thing because for one reason or another, they believe it would not be
liked. Still, even this does not often happen; they would rather chance
the good thing they doubted of than underrate their readers' judgment.

The young author who wins recognition in a first-class magazine has
achieved a double success, first, with the editor, and then with the best
reading public. Many factitious and fallacious literary reputations have
been made through books, but very few have been made through the
magazines, which are not only the best means of living, but of outliving,
with the author; they are both bread and fame to him. If I insist a
little upon the high office which this modern form of publication fulfils
in the literary world, it is because I am impatient of the antiquated and
ignorant prejudice which classes the magazines as ephemeral. They are
ephemeral in form, but in substance they are not ephemeral, and what is
best in them awaits its resurrection in the book, which, as the first
form, is so often a lasting death. An interesting proof of the value of
the magazine to literature is the fact that a good novel will often have
wider acceptance as a book from having been a magazine serial.

V.

Under the 'regime' of the great literary periodicals the prosperity of
literary men would be much greater than it actually is if the magazines
were altogether literary. But they are not, and this is one reason why
literature is still the hungriest of the professions. Two-thirds of the
magazines are made up of material which, however