We investigate the spin-magnetism of mesoscopic metallic grains. In the average response of an ensemble of grains there are corrections to macroscopic behaviour due to both spectral fluctuations and electron-electron interactions. These corrections are a non-linear function of the magnetic field. Their temperature dependence is calculated numerically and analytically. An experiment is proposed to measure the unknown interaction coupling constant in the cooper channel. For a single sample the

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... netization is found to fluctuate reproducibly about the mean. These fluctuations directly probe the energy level statistics.