"Our feelings upon sending into the world the first number of the Spectator may be compared to those of a fond Parent, when he beholds a beloved child about to embark on the troubled Ocean of public Life. Perhaps the iron hand of Criticism may crush our humble undertaking, ere it is strengthened by time. Or it may pine in obscurity neglected and forgotten by those, with whose assistance it might become the Pride and Ornament of our Country.... We beg leave farther to remark that in order to carry on any enterprise with spirit MONEY is absolutely necessary. Money, although it is the root of all evil, is also the foundation of everything great and good, and therefore our Subscribers ... will please carefully to remember that the terms are two cents per month." A little further on there is this allusion to the Scriptural proverb cited above: "We have been informed that this expression is incorrect, and that it is the love of Money which is the 'Root of all Evil.' But money is certainly the cause of the love of Money. Therefore, Money is the deepest 'Root of Evil.'" (Observe, here, the young student's pride of reason, and the consciousness of a gift for casuistry!) Under the head of "Domestic News" occur some remarks on the sea-serpent, the deduction from various rumors about the monster being that "he seems to possess a strange and we think rather unusual faculty of appearing in different shapes to different eyes, so that where one person sees a shark, another beholds a nameless dragon." (Here, too, is the humorously veiled distrust that always lurked beneath his dealings with the marvellous.) In the next columns there is found an advertisement of the Pin Society, which "will commence lending pins to any creditable person, on Wednesday, the 23d instant. No numbers except ten, twenty, and thirty will be lent"; and the rate of interest is to be one pin on every ten per day. This bold financial scheme is also carried on by the editor in person,--a combination which in these days would lay him open to suspicions of unfair dealing. I have seen a little manuscript book containing the remarkable constitution and by-laws of this society, in which there were but two members; and it is really a curious study of whimsical intricacy, the work of a mind perfectly accustomed to solitude and fertile in resources for making monotony various and delightful. It does not surprise one to meet with the characteristic announcement from this editor that he has "concluded not to insert deaths and marriages (except of very distinguished persons) in the Spectator. We can see but little use in thus giving to the world the names of the crowd who are tying the marriage knot, and going down to the silent tomb." There is some poetry at the end of the paper, excellent for a boy, but without the easy inspiration of the really witty prose.