PHILIP MALBONE had that perfectly sunny temperament which is peculiarly captivating among Americans, because it is so rare. He liked everybody and everybody liked him; he had a thousand ways of affording pleasure, and he received it in the giving. He had a personal beauty, which, strange to say, was recognized by both sexes,--for handsome men must often consent to be mildly hated by their own. He had travelled much, and had mingled in very varied society; he had a moderate fortune, no vices, no ambition, and no capacity of ennui. The short novel is, however, full of interesting description, with amusing and sometimes profound characterizations.