The extract of Virginia Woolf's THE COMMON READER is about the way a novelist should write a novel.  

The argumentation in the first paragraph is developed in a statement and expresses a Virginia Woolf's opinion. The first topic of the paragraph is the vagueness of criticism on novel writing. TRADITIONAL NOVELS lose what writers and people, readers  are looking for. 

In  Virginia's opinion the traditional way of writing fiction misses what life is really like.

The second statement of the paragraph is that the essential aspects, such as life, spirit, truth and reality, have moved off and refuse to be written in "ill-fitting vestments".

In addition, Virginia goes on saying that writers compose their novels  with labour and unfortunately losing the visual in their minds. Their labour is anyway not to be thrown away but it is misplaced to the extent to obscure the initial conception of composition.

The novelist is constrained by "some powerful and unscrupulous tyrant that controls him. For example, the writer follows all of the time conventions and "if all figures were to come to life they would find themselves dressed down to the last button of their coats".

The tyrant totally controls the writer, but novels mustn't be written in a customary way.

The second paragraph is not developed in the same way as  the first one, because there is only one statement and one of Virginia Woolf's opinion. She puts  life and writing a novel into relationship and she says that the novel must be like life.

Life is made up of  a myriad of impressions like an incessant shower of innumerable atoms. What the novelist is to convey is then the varying, unknown and uncircumscribed spirit.