THE fact that a dormitory such as Beck Hall has been put up by private persons during the past summer, should suggest some reflections to the College authorities. The owner of this hall has invested a considerable amount of money in his enterprise; he bought the land at a good price, and the taxes upon the property must amount to quite a sum. He expects, no doubt, to be paid an excellent rate of interest upon all this investment, and, judging from the fact that the owner of Little's Block has an annual return of eight per cent, we see no reason to suppose that he will be disappointed. Now, if the College had built such a building upon some of the land lying useless in the yard, what would have been the result? They would have had the land for nothing, paid no taxes on the building, and pocketed at least ten per cent interest on the investment. But now the building is up it will hereafter compete against them. Does not a sound financial policy, beside the fact that the Yard would be improved, urge them to keep out competitors? Would not the interests of the College be best served if some of its money were invested in this way, even though Western railroad bonds had to be sacrificed occasionally?