Dr. Caldwell at this time edited _Delaplaine's Repository_, and Smith had his revenge in a telling criticism of that work in the _Analectic Magazine_, to which Caldwell replied in 1816. To finish the story, there is to be found in the _Port Folio_ of 1820, page 153, an article on S. S. Smith, with portrait, which is as ample in praise of the essay as Caldwell was liberal in detraction. Caldwell resigned his editorship in 1816. In the next month Oliver Oldschool the Fourth made his appearance in the person of John Elihu Hall. The magazine was still well manned and well maintained. Philadelphia still kept her leadership in culture and literary production. In 1814 only twenty new books were annually put forth in America, and yet in April of that year the _Port Folio_ declared, "From facts within our own knowledge, we fearlessly assert that Philadelphia contains scholars not a few whom Europe herself would be proud to acknowledge." In 1817 the _London Monthly Magazine_ began to copy from the _Port Folio_. But about 1820 the prestige of Philadelphia begins to fade and her ancient influences to hang about her "like a giant's robe upon a dwarfish thief." In this year (_Port Folio_, page 463) is heard the first note of alarm. New England is gaining; "with such rivalry Philadelphia must yield the proud title which she has borne, or rouse from the withering lethargy in which she slumbers." New York jealousy is increasing. In 1820 Salmagundi says that "one of the editors of the _Port Folio_ was discharged--for writing common-sense." These trifles indicate a shifting of the balance of power. Three years more, and the cry of discontent and peevish querulousness reaches its height.