"New Year's Day (The 'Seventies)" by Edith Wharton is a novella published in 1924 as part of the "Old New York" collection. Set in 1870s upper-class New York society, it explores the manners and morals of a vanished world. Like its companion novellas and "The Age of Innocence," it offers keen social observation and character study of New York's elite. The story shares characters and settings with Wharton's other New York tales, creating an interconnected portrait of nineteenth-century high society. (This is an automatically generated summary.)