14 JANUARY 1888, Page 21

CURRENT LITERATURE.

Time, which has undergone a number of editorial vicissitudes sufficient to justify its name, takes a new departure with the beginning of 1888, or, at least, enters on a new series under a new editor, Mr. Walter Sichel. It would be unfair to judge of Mr. Sichers editorial capacity by this, his first effort ; but it is plain that he has set a high ideal before him. This may be gathered from his own paper—which errs, if at all, in being too high-pitched and too eulogistic—on " Thackeray's Letters," and by a readable article on "The Moral Aspect of the Economical Problem," by Professor Edward Caird, although that does not convey a much more original lesson than this :—" I do not think it will be possible, henceforth, to separate political economy from the general study of politics ; or to discuss the laws of the production and distribution of wealth apart from the consideration of the relation of the distribution of wealth, and the modes of distributing it to other elements of social well- being." Mrs. A. T. Vanderbilt commences a series of articles under the title of "Work and Workers" with a paper on "Lady Doctors," which is worth reading, if only for the statistics it contains, and the general air of actuality it presents. Doubtless Mr. Sichel, when he is fairly in the saddle, will not print such weak " society " stories as "Roy."