In 1846, Mr. Graham purchased the North American, a daily newspaper of standing and influence in Philadelphia. He had no sooner embarked in this new enterprise than it exhibited proofs of his energy and tact: and, in a very short while, the ability with which the journal was conducted made it a name throughout the entire Union. In 1847, he still further extended the influence and reputation of his newspaper, by purchasing, in connection with his partners, the United States Gazette, and consolidating it with the North American. But he had now attained, at least for awhile, the summit of his successes. Having been induced to engage in certain stock speculations, he entered into them with all the ardor of his character, and though for a time successful, eventually impaired his fortune to such a degree that he was forced to part temporarily with the Magazine and North American. This misfortune happened in July, 1848. A man of his energy, however, could not be kept down: fortune might depart, but failed to overcome him. He continued to edit his Magazine, even after parting with the proprietorship of it, until March, 1850, when circumstances having induced the retirement of Samuel D. Patterson, he succeeded in regaining his interest in his favorite periodical; and from that period has added the duties of publisher to those of editor. This restoration to his old position is the result of indomitable energy, which he possesses in a degree that is as rare as it is praiseworthy. With men of his stamp nothing is impossible. As a man Mr. Graham inspires general affection. The warmth of his heart, and the frankness of his manners make for him friends wherever he goes. Generous to a fault, forgetful of injuries, conciliating in his deportment, he is one to be alike popular with the many and loved by the few. His faults, where he has them, are those of a noble nature. His sense of honor is keen. He could do no man wrong intentionally. In all his actions, even to the most trivial, the energy of his character, and the kindness of his heart are equally discernible. * * * * * THE GENIUS OF BURNS. BY HENRY GILES.