First edition of this issue of this important review dealing notably with archaeology, fine arts and ethnography and having Georges Bataille and Carl Einstein as its principal driving forces. A very small tear at the lower left corner of the first cover, light dampstain at head and foot of the leaves. Contributions by Leo Frobenius: "Dessins rupestres du sud de la Rhodésie", Carl Einstein: "Léger : oeuvres récentes", Georges Bataille "Les pieds nickelés", Robert Desnos: "La ligne générale", Henry-Charles Puech: "Les prisons de Jean-Baptiste Piranèse", Michel Leiris, Georges Ribemont-Desaignes, Docteur Pudelko...