In 1914, Henry James began work on a major novel about the immense new fortunes of America's Gilded Age. After an absence of more than twenty years, James had returned for a visit to his native country; what he found there filled him with profound dismay. In The Ivory Tower, his last book, the characteristic pattern underlying so much of his fiction -- in which American "innocence" is transformed by its encounter with European "experience" -- receives a new twist: raised abroad, the hero comes home to America to confront, as James puts it, "the black and merciless things that are behind the great possessions. " James died in 1916 with the first three books of The Ivory Tower completed. He also left behind a "treatment," in which he charted the further progress of his story. This fascinating scenario, one of only two to survive among James's papers, is also published here together with a striking critical essay by Ezra Pound. Book jacket.