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for the books of the Giunta press. In fact, as many as are the species of rare and beautiful books, so many are the species of collectors. There is one sort of men, modest but not unwise in their generations, who buy up the pretty books published in very limited editions by French booksellers, like MM. Lemerre and Jouaust. Already their reprints of Rochefoucauld's first edition, of Beaumarchais, of La Fontaine, of the lyrics attributed to Molière, and other volumes, are exhausted, and fetch high prices in the market. By a singular caprice, the little volumes of Mr. Thackeray's miscellaneous writings, in yellow paper wrappers (when they are first editions), have become objects of desire, and their old modest price is increased twenty fold. It is not always easy to account for these freaks of fashion; but even in book-collecting there are certain definite laws. "Why do you pay a large price for a dingy, old book," outsiders ask, "when a clean modern reprint can be procured for two or three shillings?" To this question the collector has several replies, which he, at least, finds satisfactory. In the first place, early editions, published during a great author's lifetime, and under his supervision, have authentic texts. The changes in them are the changes that Prior or La Bruyere themselves made and approved. You can study,