Space." Or, as the old Dutch flour-miller put it more briefly: "I never
bother myself what road the folks come--I only want good wheat and rye."

To repeat what I have said in these pages in previous years, for the
benefit of the reader as yet unacquainted with my standards and
principles of selection, I shall point out that I have set myself the
task of disengaging the essential human qualities in our contemporary
fiction which, when chronicled conscientiously by our literary artists,
may fairly be called a criticism of life. I am not at all interested in
formulæ, and organized criticism at its best would be nothing more than
dead criticism, as all dogmatic interpretation of life is always dead.
What has interested me, to the exclusion of other things, is the fresh,
living current which flows through the best American work, and the
psychological and imaginative reality which American writers have
conferred upon it.

No substance is of importance in fiction, unless it is organic
substance, that is to say, substance in which the pulse of life is
beating. Inorganic fiction has been our curse in the past, and bids fair
to remain so, unless we exercise much greater artistic discrimination
than we display at present.

The present record covers the period from October 1920, to September
1921, inclusive. During this period, I have sought to select from the
stories published in American magazines those which have rendered life
imaginatively in organic substance and artistic form. Substance is
something achieved by the artist in every act of creation, rather than
something already present, and accordingly a fact or group of facts in a
story only attain substantial embodiment when the artist's power of
compelling imaginative persuasion transforms them into a living truth.