First edition, our copy being one of the service de presse copies. Cover somewhat faded, pale dampstain affecting the entire spine. Literary contributions by Saint-John Perse (Chanson), Max Jacob (Poèmes), André Breton (Introduction au discours "Sur le peu de réalité"), Léon-Paul Fargue (Nuées), Valery Larbaud (Lettre d'Italie), etc. Commerce, literary review founded by Marguerite Caetani, appeared as twenty-nine "quarterly notebooks published under the direction of Valéry, Fargue and Larbaud" between 1924 and 1932. Its publication formed part of the competitive tradition of French reviews of the 1920s and was not content merely to showcase the most prominent authors of French literature: it played the role of "discoverer" of young talents and unearthed forgotten key texts. Some pages marginally shaded, otherwise a handsome copy.