The success of our Cooperative society has surpassed the expectations of its founders. When it first started it was looked upon with suspicion by a number who feared that it would never succeed in gaining a foothold in the university, largely on account of the much-talk-of "Harvard indifference." But in spite of the many difficulties attending its foundation it has attained a remarkable degree of success and has become at last firmly established as one of the permanent institutions of the college. The membership is larger than ever before and numbers almost half of the university. It does a very large trade, requiring little or no capital, and working with the very smallest margins. The success of our own institution has aroused the desire in other colleges to establish a similar society. At Yale, Princeton and Ann Arbor the matter has been more or less talked of. That such institutions will sooner or later become common throughout the colleges we do not doubt.

Not only on account of saving money is the society a benefit, but on account of its convenience in many ways. Its advantage in the way of ordering books and other articles from a distance are well known. It only requires promptness in ordering on the part of its members to insure promptness in the filling of the order. To aid in the collection of orders, the society has under consideration a plan of putting up order boxes in various buildings about the college. This plan if adopted, will add very much to the convenience of the society and will necessitate but a small outlay on the part of the society. We hope that its membership will keep on increasing as the advantage to be derived from membership naturally becomes greater in proportion to the increase in membership.