Need I say that the significance of this historical movement in our literature is vital and profound for every man and woman before me? or that it merits the earnest consideration of every historical society organized to preserve and perpetuate the facts of our history. Let me remind you that the literary significance of the Civil War is as noteworthy as its purely historical significance. That struggle meant far more to the South than to the North. To the North it meant the preservation of the Union and the abolition of slavery. To the South it meant decimated families, smoking homesteads, and the passing forever of a civilization unique in human history. But LITERATURE LOVES A LOST CAUSE, PROVIDED HONOR BE NOT LOST. Hector, the leader of the vanquished Trojans, is the most princely figure that the Greek Homer has portrayed; the Roman Virgil is proud to trace the lineage of his people not back to the victorious Greeks but to the defeated Trojans; the English poet-laureate finds his deepest inspiration not in the victories of his Saxon ancestors over King Arthur but in King Arthur himself, the fated leader of a losing cause. And so it has always been: the brave but unfortunate reap always the richest measure of literary immortality. In conclusion, I believe that in the organization of the Mississippi State Historical Society and in the beneficent work that it has wrought during its career of nine years, I see another indication of that growing historic consciousness without which we cannot stand unabashed before the bar of future history. "Deeds of prowess and exalted situations cannot of themselves" says Schlegel (_History of Literature_, Lecture I) "command our admiration or determine our judgment. A people that would rank high in our esteem must themselves be conscious of the importance of their own doings and fortunes." The invaluable work that is being done by this Society for the history of Mississippi is a part of that larger movement of which I have spoken. Both testify to the advent of that historical spirit which "cannot be gotten for gold, neither shall silver be weighed for the price thereof." If I read aright the signs of the times, the new century will not have been many years old before the history of the South will be enshrined not only in annals and chronicles but in the living letters of a nation's song and story. IRWIN RUSSELL--FIRST FRUITS OF THE SOUTHERN ROMANTIC MOVEMENT. BY W. L. WEBER.