Undoubtedly, new year’s gifts originated in heathen observances, and were grossly abused in after ages; yet latterly they became a rational and pleasant mode of conveying our gentle dispositions towards those we esteem. Mr. Audley, in his compendious and useful “Companion to the Almanack,” says, with truth, that they are innocent, if not praiseworthy; and he quotes this amiable sentiment from Bourne: “If I send a new year’s gift to my friend, it shall be a token of my friendship; if to my benefactor, a token of my gratitude; if to the poor, which at this season must never be forgot, it shall be to make their hearts sing for joy, and give praise and adoration to the Giver of all good gifts.” The Jews on the first day of their new year give sumptuous entertainments, and joyfully wish each other “a happy new year.” This salutation is not yet obsolete even with us; but the new year’s gift seldom arrives, except to honest rustics from their equals; it is scarcely remembered with a view to its use but by young persons, who, “unvexed with all the cares of gain,” have read or heard tell of such things, and who, with innocent hearts, feeling the kindness of the sentiment, keep up the good old custom among one another, till mixture with the world, and “long experience, makes them sage,” and sordid. New year’s day in London is not observed by any public festivity; but little social dining parties are frequently formed amongst friends; and convivial persons may be found at taverns, and in publicans’ parlours, regaling on the occasion. Dr Forster relates, in his “Perennial Calendar,” that many people make a point to wear some new clothes on this day, and esteem the omission as unlucky: the practice, however, from such motives, must obviously be confined to the uninformed. The only open demonstration of joy in the metropolis, is the ringing of merry peals from the belfries of the numerous steeples, late on the eve of the new year, and until after the chimes of the clock have sounded its last hour. On new year’s day the man of business opens new account-books. “A good beginning makes a good ending.” Let every man open an account to himself; and to begin the new year that he may expect to say at its termination--it has been a _good_ year. In the hilarity of the season let him not forget that to the needy it is a season of discomfort. There is a satisfaction In doing a good action: and he who devises liberal things will find his liberality return to him in a full tide of happiness. An economist can afford to be generous. “Give me neither poverty nor riches,” prayed the wise man. To him who is neither encumbered by wealth, nor dispirited by indigence, the stores of enjoyment are unlocked. He who holds fast the _Golden Mean_, And lives contentedly between The little and the great, Feels not the wants that pinch the poor, Nor plagues that haunt the rich man’s door, Embitt’ring all his state.