Precaution. A Novel. By J. Fenimore Cooper. "Be wise to-day. It is madness to defer; To-morrow's caution may arrive too late." W. C. Bryant's Discourse on the Life, Genius, and Writings of James Fenimore Cooper, Delivered at Metropolitan Hall, N.Y., February 25, 1852. It is now somewhat more than a year, since the friends of James Fenimore Cooper, in this city; were planning to give a public dinner to his honor. It was intended as an expression both of the regard they bore him personally, and of the pride they took in the glory his writings had reflected on the American name. We thought of what we should say in his hearing; in what terms, worthy of him and of us, we should speak of the esteem in which we held him, and of the interest we felt in a fame which had already penetrated to the remotest nook of the earth inhabited by civilized man. To-day we assemble for a sadder purpose: to pay to the dead some part of the honors then intended for the living. We bring our offering, but he is not here who should receive it; in his stead are vacancy and silence; there is no eye to brighten at our words, and no voice to answer. "It is an empty office that we perform," said Virgil, in his melodious verses, when commemorating the virtues of the young Marcellus, and bidding flowers be strewn, with full hands, over his early grave. We might apply the expression to the present occasion, but it would be true in part only. We can no longer do anything for him who is departed, but we may do what will not be without fruit to those who remain. It is good to occupy our thoughts with the example of great talents in conjunction with great virtues. His genius has passed away with him; but we may learn, from the history of his life, to employ the faculties we possess with useful activity and noble aims; we may copy his magnanimous frankness, his disdain of everything that wears the faintest semblance of deceit, his refusal to comply with current abuses, and the courage with which, on all occasions, he asserted what he deemed truth, and combated what he thought error.