It has been the custom to dedicate Mr. O'Brien's annual selection of American stories to some author who has distinguished himself in the particular year by his valuable contribution to the art of the short story. We propose to adopt it with regard to our English selections. We are glad of the opportunity to associate this year's collection with the name of Stacy Aumonier. As for the stories selected for this volume, that is to some degree a matter of personal judgement; it is quite possible that other editors would, in some instances, have made a different choice. JOHN COURNOS. An additional word may be added on the principles which have governed our choice. We have set ourselves the task of disengaging the essential human qualities in our contemporary fiction which, when chronicled conscientiously by our literary artists, may fairly be called a criticism of life. We are not at all interested in formulae, and organised criticism at its best would be nothing more than dead criticism, as all dogmatic interpretation of life is always dead. What has interested us, to the exclusion of other things, is the fresh living current which flows through the best British and Irish work, and the psychological and imaginative reality which writers have conferred upon it. No substance is of importance in fiction, unless it is organic substance, that is to say, substance in which the pulse of life is beating. Inorganic fiction has been our curse in the past, and bids fair to remain so, unless we exercise much greater artistic discrimination than we display at present. The present record covers the period from July, 1921, to June, 1922, inclusive. During this period we have sought to select from the stories published in British and American periodicals those stories by British and Irish authors which have rendered life imaginatively in organic substance and artistic form. Substance is something achieved by the artist in every act of creation, rather than something already present, and accordingly a fact or a group of facts in a story only attain substantial embodiment when the artist's power of compelling imaginative persuasion transforms them into a living truth. The first test of a short story, therefore, in any qualitative analysis is to report upon how vitally compelling the writer makes his selected facts or incidents. This test may be conveniently called the test of substance. But a second test is necessary if the story is to take rank above other stories. The true artist will seek to shape this living substance into the most beautiful and satisfying form, by skillful selection and arrangement of his materials, and by the most direct and appealing presentation of it in portrayal and characterization. The short stories which we have examined in this study have fallen naturally into three groups. The first consists of those stories which fail, in our opinion, to survive both the test of substance and the test of form. These we have not chronicled.