The virtues of the human heart are like the water-springs of the earth, their worth is measured by what overflows; nay, as an accumulation even of the purest water must become stagnant, profitless and offensive without an outlet, so what we call the virtues of man become useless and even injurious, unless they extend to others, by overflowing the fountain breast. Virtue is communicable; and those who associate with the good, find an influx of affection and piety, as the woman of faith was cured by touching the hems of the garment, that covered the source and example of all health and goodness. If we have sought to acquire good for ourselves, and to do good to others during the present year, reflections upon its approaching close need not be painful; it should be to us a source of high gratification, that, enjoying as we have enjoyed, and mourning as we have mourned, we are nearer the union of the good who have gone before us, and further from the ills that follow upon our footsteps; and as we close our year, or close our life, may we throw back from joyous, grateful hearts, a smile of virtuous pleasure, which shall enrich the stern clouds that have passed us with the bow of promise of pleasures that are to come. C. * * * * * GRAHAM'S MAGAZINE FOR 1849.--The new volume of Graham's Magazine, to be commenced with the January number, will, beyond all doubt, be the most elegant volume that has ever been issued of this most popular of all the American monthlies. The ample experience and liberal expenditure of money by the publishers, the ability of its host of contributors, the editorial tact which will be brought into service, and the genius and skill of the artists engaged to embellish it, must more than sustain the high position it has heretofore held in public estimation. The magazine literature of this country is destined to a warmer appreciation in the public regard, as it becomes purged from the sickly sentimentality which degrades public taste, and when the first minds in the nation are found devoting solid thought to adorn and elevate it. A few years since, the highest aim of contemporary competition seemed to be to fill a given number of pages with the silly effusions of a class of writers whose feeble powers and false taste were gradually undermining public regard, and bringing this branch of national literature into contempt and disgrace, but the higher aims of the publishers of the now leading periodicals, evinced in the engagement of the brightest intellect of the country, have raised American periodicals to a scale second to none in the world.