giving the latest and fullest intelligence of prices in all places with which Canada has commercial transactions. Nearly one column of the smallest type is necessary to announce the arrivals and departures of the steam-tugs, propellers, schooners and other craft which make up the large inland fleet of the Western Province. We find reports of proceedings in the Courts in Toronto and elsewhere, besides many items of local interest. Five columns are made up of editorials and editorial briefs, the latter an interesting feature of modern journalism. The 'leader' is a column in length, and is a sarcastic commentary on the 'fallacious hopes' of the Opposition; the next article is an answer to one in the London _Economist_, devoted to the vexed question of protective duties in the Colonies; another refers to modern 'literary criticism,' one of the strangest literary products of this busy age of intellectual development. In all we have thirty-six columns of reading matter, remarkable for literary execution and careful editing, as well as for the moderate tone of its political criticism. It will be seen that there is only one advertisement of books in the columns of this issue, but the reason is that it is the custom only to advertise new works on Saturday, when the paper generally contains twelve pages, or eighty-four columns. On the whole, the issue of a very prominent Canadian paper illustrates not only the material development of Ontario in its commercial and advertising columns, but also the mental progress of the people, who demand so large an amount of reading matter at the cost of so much money and mental labour. As the country increases in wealth and population, the Press must become undoubtedly still more a profession to which men of the highest ability and learning will attach themselves permanently, instead of being too often attracted, as heretofore, by the greater pecuniary rewards offered by other pursuits in life. Horace Greeley, Dana, Curtis, Whitelaw Reid and Bryant are among the many illustrious examples that the neighbouring States afford of men to whom journalism has been a profession, valued not simply for the temporary influence and popularity it gives, but as a great and powerful organ of public education on all the live questions of the day. The journals whose conductors are known to be above the allurements of political favour, even while they consistently sustain the general policy of a party, are those which most obviously become the true exponents of a sound public opinion, and the successful competitor for public favour in this, as in all other countries enjoying a popular system of government. CHAPTER IV. NATIVE LITERATURE.