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WITH this number we close the seventh volume of the Crimson. The paper has had all the success that its founders could have reasonably asked for it, and for this the present editors thank the subscribers. At the beginning of the next volume we intend, in common with the Advocate, to make a slight change in our financial policy. It has been customary to send our subscribers' bills to them at any time before the completion of the volume for which they have subscribed. This has caused the business editor much trouble, and has wasted time which could as well have been saved, therefore both papers have determined that next fall subscriptions shall be paid at the time they are made. The new system will not, we believe, cause our subscribers any inconvenience, and it will greatly simplify the somewhat complicated state of our books. The paper has been in existence, now, for three and a half years, and during that time we have lost something like two hundred dollars on subscribers' bills. It is plain that had the plan which we intend now to inaugurate been put into operation when the first number of the paper was published and been strictly adhered to afterwards, this sum would now stand upon our account as profit, instead of loss. For this and other obvious reasons, we have decided, upon conference with the editors of the Advocate, to begin next year upon the new system and to strictly adhere to it.

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