“Tradition is a matter of much wider significance [than novelty].  It cannot be inherited, and if you want it you must obtain it by great labour.  It involves, in the first place, the historical sense, which we may call nearly indispensable to anyone who would continue to be a poet beyond his twenty-fifth year; and the historical sense involves a perception, not only of the pastness of the past, but of its presence; the historical sense compels a man to write not merely with his own generation in his bones, but with a feeling that the whole of the literature of Europe from Homer and within it the whole of the literature of his own country has a simultaneous existence and composes a simultaneous order. This historical sense, which is a sense of the timeless as well as of the temporal and of the timeless and of the temporal together, is what makes a writer traditional.  And it is at the same time what makes a writer most acutely conscious of his place in time, of his own contemporaneity.”

–from “Tradition and the Individual Talent,” 1919.

Eliot on the cover of Time Magazine (!), March, 1950.