It has been very difficult in this discussion, which I fear has resembled a shot-gun charge rather than a rifle bullet, to keep the single aim I have had in mind. The history of the periodical in American literary thinking has not yet been written. The history of American literature has but just been begun. My object has been to put the spotlight for a moment upon the typical American magazine, with just enough of its environment to make a background. What is seen there can best be summarized by a comparison. The American weekly is like the serious American play of the period. It has an over-emphasis upon lesson, bias, thesis, point. The review is like much American poetry. It is worthy, and occasionally admirable, but as a type it is weakened by amateur mediocrity in the art of writing. The family magazine is like the American short story. It has conventionalized into an often successful immobility. Both must move again, become flexible, vigorous, or their date will be upon them. And the family magazine, the illustrated literary magazine, is the most interesting vehicle of human expression and interpretation that we Americans have created. With a new and greater success, it will draw all our other efforts with it. If it fails, hope for the interesting review, the well-balanced weekly, is precarious. If they all submerge, we who like to read with discrimination and gusto will have to take to books as an exclusive diet, or make our choice between boredom and journalism. III THE NEW GENERATION THE YOUNG ROMANTICS We have talked about the younger generation as if youth were a new phenomenon that had to be named and described, like a strange animal in the Garden of Eden. No wonder that our juniors have become self-conscious and have begun to defend themselves. Nevertheless, the generation born after the 'eighties has had an experience unique in our era. It has been urged, first by men and then by events, to discredit the statements of historians, the pictures of poets and novelists, and it has accepted the challenge. The result is a literature which speaks for the younger writers better, perhaps, than they speak for themselves, and this literature no reader whose brain is still flexible can afford to neglect; for to pass by youth for maturity is sooner or later to lose step with life.