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*This Meditation by the Standard Bearer’s first editor was written for the January 1, 1940 issue of this magazine. Let thy mercy, O Lord, be upon us, according as we hope in thee. Psalm 33:22 New Year’s morning! Yet, there is nothing new under the sun! Old things have not passed away, all things have not become new. Still we move about and whirl around, with all men and all things, within the vicious circle of vanity, hemmed in on all sides by impenetrable darknesses, limited everywhere by things earthly and temporal, and there appears to be no way out....