Present Palpable Intimate

James Wood, the critic, in his New Yorker appraisal (July 5, 2010) of David Mitchell ("The Floating Library:  What can't the novelist David Mitchell do?") quotes Henry James:

"If Conrad's great master, Henry James, was right when he said that the novel should press down on "the present palpable intimate" (he used the triad to distinguish the role of the living novel from that of the historical novel), then Mitchell's new book...."

(read to find out)

The point for me, right now, is Present Palpab...