Our New Volume.—We do not think our patrons can fail to be pleased with this the first number of a new volume of “Graham’s Magazine.” We confess to feeling proud of it ourselves, and think we fully redeem the promise we made to increase the claims of our periodical upon popular favor. No similar publication, it may be confidently asserted, ever presented an equal array of merits and attractions, whether the artistic embellishments or literary contents be considered, and we know that our good friends, the public, will award to us the meed of superiority over all others, _nem. con._ But excellent as the opening number of the volume is, the rest shall fully equal if not surpass it in beauty. We have always held our position in advance of all competition, and the ground shall be maintained. Let others do as they may, the subscribers to “Graham’s Magazine” may rest assured that their favorite publication will never degenerate or forfeit the proud distinction long ago conferred upon it of being “The Gem of the Monthlies, and the Leading Periodical in America.” Our subscription list is rapidly increasing; new friends sending in their names every day. This is an appropriate season to commence taking the Magazine, and the novelties and new beauties we have in preparation will render the current volume one well worthy of careful preservation. * * * * * REVIEW OF NEW BOOKS. _H. Kavanagh. A Tale. By H. W. Longfellow. Boston: Wm. D. Ticknor & Co. 1 vol. 12mo._ This volume has been very extensively read, has delighted almost every reader, and yet has left on the minds of many a feeling of disappointment. Considered as a novel, it must be admitted that the story is but slight, the characters hinted rather than developed, and the whole frame-work fragile; but it would perhaps be more fair to judge it according to the purpose the author had in view in writing it, and this purpose was evidently not the production of a consistent novel, but the illustration of an idea through the forms of a tale. Mr. Churchill, who is always meditating a romance and never producing one, and while musing over the idea is unconscious of the romance developing under his very eyes, is a good illustration of the motto of the work— “The flighty purpose never is o’ertook, Unless the deed go with it.” The romance present to Mr. Churchill’s vision, but which he does not perceive, is, to be sure, a common one, but none the less affecting because it is common. It is a simple but quietly intense representation of love in its two great expressions in life—the love which imparadises and the love which breaks hearts; and it has no reference at all to time, but is the universal fact of all ages.