MY DEAR JEREMY,—I wish you a happy New Year! and yet few of us perhaps really know, when we receive this accustomed salute, in what particular thing consists our happiness; or how to appropriate, or more properly to give a designation to, the wishes of the offerer. We all of us have something to hope for, something to strife after, in defiance of the good that Providence has showered upon us—the vain longing, if you please, after something the heart worships—when the heart’s worship should be fully met—and is—at our own fire-side. The moment we shut our door behind us in the morning, we are on the broad sea of human hopes and fears, and looking over the wide waste of waters, fix our minds upon a port to us desirable—having really raised anchor, and left the only haven worth having behind us. A happy New Year, then, to you _and yours_! God’s benison on you all! and may the shadows, which flit between us all and heaven, rest lightly upon your roof; for in this selfish world, we all have our eyes so much to the clouds, which rest upon us and ours, that it is well that we should at least give once a year, a God bless you! to our fellows—and, taking in a wider range of humanity in our vision, smile kindly, even where the sun is darkest, upon our brother, and _wish_—nay, is that all?—_help_ him to _be_—happy. To be more personal—selfish if you please—in good wishes—we of “_Graham_” have rather a propensity to the way of happiness—for so rich, so multitudinous, are the tokens in that way, in the shape of both wishes and remittances, that in prospect of our turkey—we should be worse than Turks—to be thankless. Out of the abundance of the heart, therefore, our mouth speaketh—_a happy New Year to all of our friends!_ In my last, I chose to depart somewhat from my usual course, and instead of writing to you of abstractions, to present to you, all and singular, the claims of the magazines. The lofty position which I assumed for “Graham” you will see more than verified in this number. There is such a thing, you know, as Mahomet coming to the mountain; and even looking, as we have, at the lofty pretensions, and somewhat boisterous boastings of our cotemporaries, we choose, in this instance, to show them that there is a loftier peak than that which their inflated ambition has reached. In short, to show them that while even Homer may nod, he never proves stupid in the midst of supremacy. Having for years stood upon the topmost summit of American approbation, and of high success, we are willing for a while to witness the struggles of the pigmies below; but when their shout of triumph grows too vociferous, we feel inclined to check the enthusiasm with a full blaze of our glory.