The present year seems to be one of reform. Revisions of the regulations and warnings are now supplemented by a revision of the term bills. If we sought to characterize the new form of the term-bills by two words, we would say it is in the first place simple, and in the second place economical. While the old term-bill had to be turned about at two or three different angles before the happy recipient could satisfy his thrilling interest in its contents, the new bill may be read, like any other bill, with less trouble and in less time. The economy of the revised form is of course quite of the subjective sort, for the figures at the right are not materially changed from those of former years. But on the whole we call the new form a decided improvement, and welcome this move in the right direction. Of course, perfection is not yet attained, and the college's conservatism in clinging to the ancient custom of sending around unreceipted bills is as surprising as it is censurable.
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