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College exchanges and the public speak favorably of our cooperative scheme, and generally commend the movement, though some doubts are expressed as to its success. That cooperation has been successful in many instances in this country is an undoubted fact, but to succeed requires careful management. As some one has said, only a philanthropist ought to manage a cooperative store. The application of the system to a community of college students is certainly novel and, as far as we can learn, unprecedented, and our sister colleges will look upon our undertaking with the greatest interest. Harvard thus occupies the important position in having taken the initiative, adapting this attempt in economic finance to the peculiar circumstances and customs of student life.

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