The right conception, it seems to us, starts with the proposition that a new book is news (sometimes an old one is news too) and should be dealt with as such. Perhaps, we are dealing only with a state of mind, in all this, but states of mind are important. They are the only states where self-determination is a sure thing. To get on: Your literary editor is like unto a city editor, an individual whose desk is usually not so far away but that you can study him in his habitat. The city editor tries to distinguish the big news from the little news. The literary editor will wisely do the same. What is big news in the world of books? Well, a book that appears destined to be read as widely fifty years hence as it is to-day on publication is big news. And a book that will be read immediately by 100,000 people is bigger news. People who talk about news often overlook the ephemeral side of it. Much of the newsiness and importance of news resides in its transiency. What is news to-day isn’t news to-morrow. But to-day 100,000 people, more or less, will want to know about it. Illustration: Two events happen on the same day. One of them will be noted carefully in histories written fifty years hence, but it affects, and interests, at the hour of its occurrence very few persons. Of course it is news, but there may easily, at that hour, be much bigger. For another event occurring on that same day, though of a character which will make it forgotten fifty years later, at once and directly affects the lives of the hundred thousand. Parallel: Two books are published on the same day. One of them will be dissected fifty years later by the H. W. Boyntons and Wilson Folletts of that time. But the number of persons who will read it within the twelvemonth of its birth is small--in the hundreds. The other book will be out of print and unremembered in five years. But within six months of its publication hundreds of thousands will read it. Among those hundreds of thousands there will be hundreds, and maybe thousands, whose thoughts, ideas, opinions will be seriously modified and in some cases lastingly modified--whose very lives may change trend as a result of reading that book. No need to ask which event and which book is the bigger news. News is not the judgment of posterity on a book or event. News is not even the sum total of the effects of an event or a book on human society. News is the immediate importance, or interest, of an event or a book to the greatest number of people.