1931/08 -- Contents as follows:

  • The Radio Octopus by Dane Yorke
  • The Beer Barons of New York by Gerald Holland
  • Leaves from a Waste-Basket
  • Our Street in Cuernavaca by Elizabeth Morrow
  • Uncle Sam's Balleyhoo Men by J. Frederick Essary
  • Americana
  • The Finance Company Racket by Ulric Whitaker
  • Choral by Elizabeth Lindsay
  • The Democrats Must Go Native! by John Hemphill
  • The Arts and Sciences:

  • The Brooklyn Bridge by Lewis Mumford
  • Sodium Amytal as an Anesthetic by J. Shirley Sweeney
  • Preparing for the Next War by Herbert Claiborne Pell
  • Senators Investigate Indians by Erna Fergusson
  • The Exquisite American by Theodore Maynard
  • Rio Grande: Part IV: The Rise and Fall of the Mountain Men by Harvey Fergusson
  • A Little Path of Glory by Robert Jeans
  • Music: MacDowell's Protesting Demon by Edward Robinson
  • The Library by H.L. Mencken
  • The American Mercury Authors
  • Index to Volume XXIII
  • Check List of New Books
  • Editorial Notes