First edition published in 2,900 copies, ours being one of the Alfa paper copies. A crease at the head of the front cover, light foxing to edges. Literary contributions by Henri Michaux "Le fils du macrochéphale", André Suarès "Fiorenza", Paul Valéry "Petite préface aux poésies de T'Au Yuan Ming", T'Au Yuan Ming "Oraison funèbre sur sa mort, traduction de Liang Tsong Taï"... Commerce, a literary review founded by Marguerite Caetani, appeared as twenty-nine "quarterly notebooks published under the supervision of Valéry, Fargue and Larbaud" between 1924 and 1932. Its publication forms part of the competitive tradition of French reviews of the 1920s and was not content merely to promote the most prominent authors of French literature: it played the role of "discoverer" of young talents and unearthed forgotten seminal texts.