But before the ship is many miles from land, the watchers from the land observe signs of disquiet and dissension. The flags begin to droop. The sails are slack. The oarsmen no longer work in harmony. Some of them have indeed ceased to row at all and others are making arrangements to put back to shore while the waters are still smooth. The bright speed of that first passage is forgotten. The ship sways in midsea at the mercy of tide and current. The faithful few are hard put to it to keep the boat afloat. They can make no headway, and the watchers from the land lose interest and give their ears to the tales of some newer seaman who brings tidings by another route of merchandise and treasure and perilous journeyings. A sad story, but one whose details have grown so familiar as to cease almost to sadden us. We talk of the literary market. How, we ask, can a private enterprise hope to enter the lists against the vested interests of printer and publisher and bookseller. If the editor has a number of friends, he can produce two or three good numbers. But if his contributors are paid at all, they receive remuneration at a rate so low as to amount practically to insult. And however much the artificers of the new world, the evangelists of the dawn of brotherhood, may speak of the sacred trusts of art, a man is loath to sell for three guineas a commodity for which elsewhere he can obtain fifteen. The editor of such a paper receives from an “established author” only those compositions that cannot be satisfactorily sold in the open market. For two reasons may such compositions be unmarketable. Either they are bad, or they are unsuited for family consumption. Indeed, the student of literary history will find that most of the contributions to such periodicals of a lasting æsthetic value are of a nature to justify their inclusion in “the index”; which is unfortunate commercially; for one does not particularly care to spend six shillings on a production that cannot be decently left about the house. Unquestionably this is one of the main cross-currents that hinder the progress of the brave adventurers. But there are others, and I am not certain that the greatest of them is not the lack of harmony between the editor and the public. The magazine is a thing with which to pass the evening hours of half-past nine to eleven; and the man whose day has been spent among books, whose eyes are tired with the sight of print, would prefer, when his work is finished, to dance or play bridge or go to a theatre or a party. The dinner-jacket and white shirt into which we change after our evening bath is the symbol of a change of atmosphere. We have put away the traffic of the day’s business; and those of us whose livelihood depends on letters find it difficult to establish contact with the civil servant and the bank manager who is content after dinner to settle down happily before a solid scholarly review.