It is a remarkable fact that two great and renowned phases of life existed in the world parallel to each other, and went out by natural decay just at the same period: chivalry and monasticism. The latter was of elder birth, but as in the reign of Henry VIII. England saw the last of monasticism, so amid some laughter, mingled with a little forced seriousness, did she see the man who was overturning that old system vainly endeavoring to revive the worn-out paraphernalia of chivalry. The jousts and tournaments of Henry's time were the sudden flashing up of that once brilliant life, before its utter extinction. Both had been great things in the world--both had done great things, and both have left traces of their influence upon modern society and modern refinement which have not yet been obliterated, and perhaps never will be. It may then be interesting and instructive if we were to endeavor to compare the value of each by the work it did in the world. The origin of monasticism we have already traced; that of chivalry requires a few comments. Those who go to novels and romances for their history, have a notion that chivalry existed only in the thirteenth, fourteenth, and fifteenth centuries, the periods chosen for the incidents of those very highly colored romances which belong to that order of writing. There is also a notion that it sprang out of the Crusades, which, instead of being its origin, were rather the result of the system itself. The real origin of chivalry may be fairly traced to that period when the great empire of the West was broken up and subdivided by the barbarians of the North. Upon the ruins of that empire chivalry arose naturally. The feudal system was introduced, each petty state had a certain number of vassals, commanded by different chiefs, on whose estates they lived, and to whom they swore fealty in return for their subsistence; these again looked up to the king as head.