and somewhat spasmodic. He was again in ill health whether due in part to the use of stimulants is not certain. At any rate he and Mr. Burton could not agree. The latter sold his magazine to George Rex Graham in October, 1840, and Poe was retained by the new editor, one of the most able journalists of the time. Owing to ill health Poe did not assume his duties on the new magazine, Graham's, until January, 1841, when traces of his pen are plainly evident on its pages. He was then living in a little brick house at the junction of Coates Street and Fairmont Drive, Philadelphia, where he had moved, probably in the fall of 1839. It was from this dwelling that he issued in the fall of 1840 his "Prospectus of the Penn Magazine, a Monthly Literary journal to be edited and published in the city of Philadelphia by Edgar A. Poe." In this prospectus Poe's theories of a magazine are made quite clear. He hoped to receive enough subscriptions to provide funds to launch the undertaking. A considerable number of persons subscribed but the affairs of the prospective editor were in such a condition that he was forced to abandon his plan in order to take a salaried position with Mr. Graham. The Penn Magazine was consequently deferred while Poe took a desk with Mr. Graham at $800 a year. The success of Graham's Magazine was phenomenal. The subscriptions rose from 5000 to 40,000 in about eighteen months, the increase being due to Poe's able editing, to the number of articles and poems secured by his soliciting notable writers to contribute, and to the policy of Mr. Graham who was lavish in his illustrations and very generous in his fees to authors. The period of Poe's association with Mr. Graham which lasted from January, 1841, to April, 1842, was the most financially easy period in his life. His earnings were small, but sufficient to keep him and his family in some comfort. It was at this time that he developed the tale of ratiocination and published "The M...