Established in 1918 as a memorial to O. Henry, this annual literary tradition has presented a remarkable offering of stories over its 82-year history. O. Henry first-prize winners have included Dorothy Parker, William Faulkner, Truman Capote, John Cheever, John Updike, and Cynthia Ozick as well as some lesser-known writers such as Alison Baker and Cornelia Nixon. Many talented writers who were known when first chosen for an O. Henry Award later went...