EDITORS DAILY CRIMSON. - Dear Sirs: When I assumed the management of the finances of the Boat Club at the beginning of last year, there was a debt of more than $2000.00. In the reduction of this debt I have paid, according to the following accounts $2080.94. In handing over the accounts of the present treasurer. I have bills against us to the amount of $1737.54. Toward the payment of these bills I have in cash $160.11 and, in bills receivable, all of which I consider certain of being paid $308.42, making my excess of liabilities over assets $1269.01. From this it can be seen that I have reduced the debt of the Boat Club $350, in round numbers. Considering that the Hasty Pudding theatricals yielded exactly $404 less than they did last year, my accounts show a reduction of $750. This reduction is mostly due to careful management by Capt. Storrow, whose purpose it was to run the crew on strictly economical principles, to which purpose he steadily adhered. I have felt and still feel that to manage the Boat Club money extravagantly or carelessly is not only wasteful, but demoralizing to the crew and everyone connected with the crew. More than this, I consider it bad in point of policy and worse in point of honesty. I desire to thank, through your columns, Mr. Flagg, '87; Mr. Wheelwright, '87; Mr. Bowles, '87, Mr. Dexter, '87; and Mr. Scoffield, '87 for their kind assistance in collecting subscriptions.

W. R. WILSON.Accounts of Treasurer H. U. B. C. for year 1884-1885.

DR.

To balance from Treas. '83-'84 $103.72

Subscriptions from all sources 3657.50

Hasty Pudding theatricals 600.00

Sale of tickets to referee's tug 57.00

Crew and others for expenses incurred 569.60

Sale of Glee Club concert tickets 154.00

Rent of boats, lockers, rests, etc. 126.59

Class crews, for expenses incurred and sale of two shells 1105.30

Entrance single scull race 1.00

Miscellaneous receipts 2.17

Entrance scratch races 34.50

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