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4 them. Third. A system of premiums to incite the students to industry and emulation is deemed of the greatest importance.—— And fourth An exhibition of the works of living artists, is another prominent feature in them. In other words, an Academy of Arts is an Association of Artists for the purposes of Instruction and Exhibition. This is the first and chief point of the discourse, established by precedent, viz. the example of all the distinguished Academies in the world, and further demonstrated to be according to the dictates of reason and common sense, inasmuch as "individuals of a particular profession should best know how to manage what relates to that profession." I next endeavored to incite the artists to union and perseverance, preparing them to expect difficulties and discouragement from the infancy of taste in the country, and the incipient state of our institution; and in this connexion, in a note to the discourse, I collected a mass of evidence to show that the danger of imposture, in the indiscriminate purchase of those old pictures, which were so profusely poured into the country, was so great as to need much circumspection; and that here, as in Europe, this passion for the purchase of what is old, would operate to retard the progress of modern art. This may be considered the second point of the discourse. Towards the close, I touched upon some peculiar discouragements which an Artist, who studies in Europe must expect on his return, from the difference of taste in the two countries. This is the third point of the discourse. To all these the Reviewer objects in the following language: "We cannot agree with the author in all these remarks. He complains bitterly of the practice of buying old pictures, as tending to the neglect of living merit; insists on the inexpediency of any but professed Artists intermeddling with the government or direction of Academies; and deplores the hard fate of the American Artist, who, after cultivating his art in foreign countries, returns to find his own so far behind him in taste, that he is doomed to starve in unmerited neglect. This is all unreasonable and mischievous."