_We_ enter upon a new year with the fullness of hopes that are only enlarged by the fruition of former hopes. Our hopes are not hopeless. Our desires to be rewarded have kept pace with our desires and efforts to please. We believe the latter desires have contributed to the gratification of the former; and it is therefore in a spirit of hopeful gratitude that we wish _our_ friends and _their_ friends a happy New-Year. To the old we wish the ease which belongs to the dignity of years, and that degree of health which makes the twilight of life delightful. To the middle-aged we wish the maturity of intellect which secures wisdom to plans, and success to efforts. To youth a consciousness that very many of the promises of life are so deceptive, that they must learn to rely more upon their own exertions than upon those promises. We wish to them well regulated minds, well controlled passions—we do not expect, we do not wish for the stately dignity of age in the lively and stimulated feelings of youth: enjoyment—and enjoyment of something of which age calls the vanity of life—is permitted to youth. So that in all their rejoicings, in all the cheerfulness of their hearts, in all the wanderings which they make by the light of their eyes, (alas! how much has the lustre of even one pair of woman’s eyes led us astray,) and in the understanding of their hearts, (and how much do we all suffer by overrating that understanding!) all these things may be endured—may be encouraged indeed—if indulged in with that kind of reflection which keeps in view accountability for it all. Some have desired that at the foot of Janus, who guards the closing portal of the past and the opening door of the coming year, there might flow a rill from the river of Lethe, that we might drink in oblivion to the past. How narrow, how contracted must be the mould of such wishes. Let us take with us into the new year a full remembrance of the past. Let the events which have cast a gloom over a portion of our experience be recollected, that we may feel for others, that we may have in view that great fact, that we are born to trouble as the sparks fly upward. The heartiness of our wishes for the good of the readers of this Magazine will be found in our efforts to make its pages interesting and instructive. We have adopted measures, and shall carry them out, to maintain the pre-eminence of position which our Magazine has acquired. And while we look to the increased patronage of the public, we shall continue to hold at a proper elevation the standard of Literature, Morals and Truth. * * * * *