A report of the financies of Yale College for the past year shows that the expenses of the college greatly exceeded the income. While one or two departments of the college succeeded in registering a slight surplus over their expenses, the academical department ran greatly in arrears. Various reasons have been assigned for the deficit, but the cause is yet somewhat in doubt. Some remarks have been made connecting the matter with the recent resignation of President Porter. But this explanation can be hardly satisfactory And yet the college, if we may judge from the unprecedented size of the present freshman class, has before it as bright prospects as the management could desire. While some gloomy predictions have been made by several of the alumni, we do not see that the matter should exert undue influence upon the friends of the college. A college of such reputation and usefulness as Yale cannot but recover from any slight pecuniary disabilities.
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The Freshman Race with Columbia.
