21 OCTOBER 1922, Page 3



IT is Still too early to form an estimate of the year's literary harvest, because it is still in progress and some of the best of its product is yet to come ; but, looking at what has already appeared and what is promised, we can, at least, make a rough appreciation of its quality.

It is good to see that book-production is now completely restored to its pre-War excellence—indeed, in the matter of types and printing, firms such as the Cambridge University Press, Mr. Jonathan Cape, Mr. Cobden-Sanderson, Messrs. Chatto and Windus, and that interesting venture, The Golden Cockerel Press, are achieving an excellence unapproached in recent times.

Prices show a comforting tendency to drop, even though they are not yet down to pre-War prices (Mr. Galsworthy's Forsyte Saga is perhaps the most conspicuous example of cheapness combined with quality), and though we hear much of the precarious existence of publishers and the exiguousness of their profits, we are consoled to see that they are, none the less, prepared to tempt fortune with an immense output of books of every description, including many in elaborate and costly form.